Ashford (AINC - Free Report) reported $192.71 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 15.1%. EPS of $1.57 for the same period compares to $2.21 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $181.71 million, representing a surprise of +6.05%. The company delivered an EPS surprise of -17.37%, with the consensus EPS estimate being $1.90.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ashford performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Audio visual: $41.35 million compared to the $43.17 million average estimate based on two analysts. The reported number represents a change of +14.9% year over year.
- Revenue- Design and construction fees: $7.61 million versus $6.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +60.5% change.
- Revenue- Advisory services fees- Other advisory revenue: $0.13 million compared to the $0.13 million average estimate based on two analysts. The reported number represents a change of 0% year over year.
- Revenue- Advisory services fees- Base advisory fees: $11.92 million versus $12.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.7% change.
- Revenue- Advisory services fees: $12.11 million versus the two-analyst average estimate of $12.28 million. The reported number represents a year-over-year change of +1.2%.
- Revenue- Cost reimbursement revenue: $104.96 million versus $93.83 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +17.6% change.
- Revenue- Hotel management fees- Incentive management fees: $2.06 million compared to the $1.55 million average estimate based on two analysts.
- Revenue- Hotel management fees- Base management fees: $10.39 million versus $10.09 million estimated by two analysts on average.
- Revenue- Other: $11.81 million versus $12.94 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
- Revenue- Hotel management fees: $14.88 million versus $12.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.9% change.
View all Key Company Metrics for Ashford here>>>Shares of Ashford have returned -3.3% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Ashford (AINC - Free Report) reported $192.71 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 15.1%. EPS of $1.57 for the same period compares to $2.21 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $181.71 million, representing a surprise of +6.05%. The company delivered an EPS surprise of -17.37%, with the consensus EPS estimate being $1.90.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ashford performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Audio visual: $41.35 million compared to the $43.17 million average estimate based on two analysts. The reported number represents a change of +14.9% year over year.
- Revenue- Design and construction fees: $7.61 million versus $6.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +60.5% change.
- Revenue- Advisory services fees- Other advisory revenue: $0.13 million compared to the $0.13 million average estimate based on two analysts. The reported number represents a change of 0% year over year.
- Revenue- Advisory services fees- Base advisory fees: $11.92 million versus $12.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.7% change.
- Revenue- Advisory services fees: $12.11 million versus the two-analyst average estimate of $12.28 million. The reported number represents a year-over-year change of +1.2%.
- Revenue- Cost reimbursement revenue: $104.96 million versus $93.83 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +17.6% change.
- Revenue- Hotel management fees- Incentive management fees: $2.06 million compared to the $1.55 million average estimate based on two analysts.
- Revenue- Hotel management fees- Base management fees: $10.39 million versus $10.09 million estimated by two analysts on average.
- Revenue- Other: $11.81 million versus $12.94 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
- Revenue- Hotel management fees: $14.88 million versus $12.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.9% change.
View all Key Company Metrics for Ashford here>>>Shares of Ashford have returned -3.3% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
Get the latest research report on AINC - FREE