Ashford Inc. (AMEX:AINC) is expected to report third quarter earnings results, after market close, on Wednesday 28th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.25 per share.
Looking ahead, the full year income are expected at $ 1.87 per share on the revenues of $ 388.39 million.
Previous Quarter Performance
Ashford Inc. disclosed income for the second quarter of $ 0.12 per share, from the revenue of $ 45.60 million. The quarterly earnings contracted 94.12 percent while revenues dropped 26.84 percent compared with the same quarter last year.
Street analysts expected Ashford Inc. to report loss of $ 0.10 per share on revenue of $ 96.04 million for the second quarter. The bottom line results beat street analysts by $ 0.22 or 220.00 percent, at the same time, top line results fell short of analysts by $ 50.44 million or 52.52 percent.
Stock Performance
Shares of Ashford Inc. traded low $ -0.12 or -2.43 percent on Tuesday, reaching $ 4.81 with volume of 5.70 thousand shares. Ashford Inc. has traded high as $ 5.13 and has cracked $ 4.75 on the downward trend
According to the previous trading day, closing price of $ 4.81, representing a 7.88 % increase from the 52 week low of $ 4.57 and a 82.29 % decrease over the 52 week high of $ 27.83.
The company has a market capital of $ 12.08 million and is part of the Financial Services sector and Asset Management industry.
Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas.
