Summit Hotel Properties Past Earnings Performance
Past criteria checks 2/6
Summit Hotel Properties has been growing earnings at an average annual rate of 9.2%, while the Hotel and Resort REITs industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 16.6% per year. Summit Hotel Properties's return on equity is 1.2%, and it has net margins of 1%.
Key information
9.2%
Earnings growth rate
9.3%
EPS growth rate
| Hotel and Resort REITs Industry Growth | -8.6% |
| Revenue growth rate | 16.6% |
| Return on equity | 1.2% |
| Net Margin | 1.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Summit Hotel Properties makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 736 | 8 | 48 | 0 |
| 30 Jun 24 | 741 | 6 | 49 | 0 |
| 31 Mar 24 | 742 | -25 | 50 | 0 |
| 31 Dec 23 | 736 | -28 | 50 | 0 |
| 30 Sep 23 | 731 | -23 | 49 | 0 |
| 30 Jun 23 | 727 | -18 | 47 | 0 |
| 31 Mar 23 | 716 | -10 | 45 | 0 |
| 31 Dec 22 | 676 | -17 | 46 | 0 |
| 30 Sep 22 | 610 | -20 | 47 | 0 |
| 30 Jun 22 | 543 | -31 | 43 | 0 |
| 31 Mar 22 | 446 | -61 | 39 | 0 |
| 31 Dec 21 | 362 | -84 | 34 | 0 |
| 30 Sep 21 | 303 | -115 | 35 | 0 |
| 30 Jun 21 | 245 | -142 | 34 | 0 |
| 31 Mar 21 | 184 | -174 | 32 | 0 |
| 31 Dec 20 | 234 | -158 | 32 | 0 |
| 30 Sep 20 | 320 | -106 | 29 | 0 |
| 30 Jun 20 | 401 | -60 | 32 | 0 |
| 31 Mar 20 | 519 | 39 | 37 | 0 |
| 31 Dec 19 | 549 | 68 | 40 | 0 |
| 30 Sep 19 | 548 | 64 | 39 | 0 |
| 30 Jun 19 | 557 | 90 | 39 | 0 |
| 31 Mar 19 | 566 | 79 | 39 | 0 |
| 31 Dec 18 | 567 | 71 | 40 | 0 |
| 30 Sep 18 | 567 | 71 | 41 | 0 |
| 30 Jun 18 | 561 | 55 | 41 | 0 |
| 31 Mar 18 | 538 | 51 | 40 | 0 |
| 31 Dec 17 | 515 | 79 | 38 | 0 |
| 30 Sep 17 | 494 | 80 | 34 | 0 |
| 30 Jun 17 | 476 | 84 | 30 | 0 |
| 31 Mar 17 | 474 | 72 | 25 | 0 |
| 31 Dec 16 | 474 | 87 | 38 | 0 |
| 30 Sep 16 | 474 | 164 | 19 | 0 |
| 30 Jun 16 | 480 | 151 | 18 | 0 |
| 31 Mar 16 | 474 | 146 | 18 | 0 |
| 31 Dec 15 | 463 | 108 | 18 | 0 |
| 30 Sep 15 | 453 | 28 | 19 | 0 |
| 30 Jun 15 | 437 | 18 | 20 | 0 |
| 31 Mar 15 | 422 | 11 | 20 | 0 |
| 31 Dec 14 | 403 | 4 | 20 | 0 |
| 30 Sep 14 | 382 | -4 | 17 | 0 |
| 30 Jun 14 | 355 | -5 | 15 | 0 |
| 31 Mar 14 | 329 | -8 | 13 | 0 |
| 31 Dec 13 | 299 | -8 | 13 | 0 |
Quality Earnings: INN.PRF has a large one-off gain of $14.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: INN.PRF became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: INN.PRF's earnings have grown by 9.2% per year over the past 5 years.
Accelerating Growth: INN.PRF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: INN.PRF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hotel and Resort REITs industry (-4.5%).
Return on Equity
High ROE: INN.PRF's Return on Equity (1.2%) is considered low.