Ashford Hospitality Trust (AHT) Misses Q1 EPS by 2c

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Ashford Reports First Quarter 2016 Results

May 5, 2016 4:19 PM EDT

DALLAS, May 5, 2016 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2016.  For the first quarter, the Company has consolidated the financial position and operating results of the private investment funds managed by Ashford Investment Management. The financial impact from this consolidation is adjusted out of the Company's financials through the noncontrolling interests in consolidated entities line items on the Company's income statement and balance sheet.  Unless otherwise stated, all reported results compare the first quarter ended March 31, 2016, with the... More