Ashford Reports Fourth Quarter 2015 Results
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FBR Capital Remains Bullish on Ashford Hospitality Prime (AHP) Following Strong 4Q Revenue Results
February 29, 2016 9:05 AM ESTFBR Capital maintained an Outperform rating on Ashford Hospitality Prime (NYSE: AHP), and cut the price target to $15.50 (from $19.00), following the company's 4Q earnings report. Revenue came in at $88.2 million, exceeding consensus of $82.0 million. Adjusted EBITDA increased to $19.1 million, but missed the consensus estimate of $21.1 million, mainly due to the incentive fee.
Analyst Bryan Maher commented, "Although Ashford Prime's 4Q15 revenue handily... More
Ashford (AINC) Tops Q4 EPS by 23c
February 25, 2016 4:44 PM ESTAshford (NYSE: AINC) reported Q4 EPS of $1.80, $0.23 better than the analyst estimate of $1.57. Revenue for the quarter came in at $16.9 million versus the consensus estimate of $13.4 million.
For earnings history and earnings-related data on Ashford (AINC) click here.
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