Ashford (AINC) Posts Q1 adj.-EPS of 91c

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Ashford Reports First Quarter 2015 Results

May 18, 2015 6:40 PM EDT

DALLAS, May 18, 2015 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2015.  On November 12, 2014, the Company completed its spin-off from Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), but the Company has presented its prior year financial statements in accordance with GAAP, which requires that historical carve-out financial statements be presented.  Accordingly, the Company's results for the prior year period may not be representative of results in future periods.  Unless otherwise stated, all reported... More