INNSUITES HOSPITALITY TRUST (IHT) FISCAL FIRST QUARTER AND 12-MONTH TRAILING PERFORMANCE
InnSuites Hospitality Trust Shares of Beneficial Interest (IHT)
NASDAQ:AMEX Investor Relations:
innsuitestrust.com
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Source: GlobeNewswire
INNSUITES HOSPITALITY TRUST (IHT) – FIRST FISCAL QUARTER EARNINGS FLAT. TWELVE MONTH TRAILING EARNINGS TOPS $13.1 MILLION; UP 101% OVER PRIOR TWELVE MONTH PERIOD Phoenix, AZ, July 24, 2019 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) IHT reported fiscal first quarter revenues of approximately $2.09 million for the three months February 1, 2019 to April 30, 2019 compared to revenues of approximately $3.48 million for the same prior year period. Basic earnings per share for the three months ended April 30, 2019 was ($0.03) compared with ($0.03) for the three months ended April 30, 2018. For the 12-month trailing periods May 1, 2018 to April 30, 2019, and May 1, 2017 to April; 30, 2018, total revenue was $5.8 million and $10.1 million, respectively. Total reported earnings was $13.1 million and $6.5 million, respectively up 101%. For the same two 12-month trailing periods, non-cash depreciation and amortization was $0.7 million and $1.6 million, respectively.
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- InnSuites Hospitality Trust (NYSE: IHT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat