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Summit Hotel Properties (INN)
NYSE:INN

Summit Hotel Properties (INN) Income Statement

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Summit Hotel Properties Income Statement

Last quarter (Q2 2023), Summit Hotel Properties's total revenue was $194.49M, an increase of 6.14% from the same quarter last year. In Q2, Summit Hotel Properties's net income was $-753.00K. See Summit Hotel Properties’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 727.45M$ 736.13M$ 675.70M$ 361.93M$ 234.46M$ 549.35M
Cost of Revenue
$ 317.04M$ 224.90M$ 207.97M$ -74.78M$ 200.40M$ 333.20M
Gross Profit
$ 410.41M$ 511.23M$ 467.72M$ 148.81M$ 34.07M$ 216.15M
Operating Expense
$ 333.10M$ 238.63M$ 231.59M$ 176.73M$ 141.70M$ 139.64M
Operating Income
$ 77.32M$ 58.79M$ 67.78M$ -27.93M$ -107.64M$ 76.51M
Net Non Operating Interest Income Expense
$ -79.69M$ -85.11M$ -64.48M$ -43.37M$ -43.30M$ -41.03M
Other Income Expense
$ 1.62M$ -668.00K$ -22.94M$ -5.91M$ 3.07M$ 48.37M
Pretax Income
$ -15.37M$ -25.32M$ 4.83M$ -67.11M$ -147.87M$ 83.85M
Tax Provision
$ -507.00K$ 2.80M$ 3.61M$ 1.47M$ 1.38M$ 1.50M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ -18.48M$ -27.99M$ -11.97M$ -83.71M$ -158.18M$ 67.77M
Basic EPS
$ -0.18$ -0.27$ -0.16$ -0.80$ -1.52$ 0.65
Diluted EPS
$ -0.17$ -0.27$ -0.16$ -0.80$ -1.52$ 0.65
Basic Average Shares
$ 421.25M$ 105.55M$ 105.14M$ 104.47M$ 104.14M$ 103.89M
Diluted Average Shares
$ 421.25M$ 105.55M$ 105.14M$ 104.47M$ 104.14M$ 103.94M
Dividend Per Share
$ 0.24---$ 0.18$ 0.72
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 650.14M$ 463.54M$ 439.57M$ 101.95M$ 342.10M$ 472.84M
Net Income From Continuing And Discontinued Operation
$ -2.73M$ -27.99M$ -11.97M$ -65.57M$ -143.34M$ 82.61M
Normalized Income
$ 4.14M-$ -5.33M-$ -142.04M$ 40.48M
Interest Expense
$ 17.64M---$ 43.30M$ 41.03M
EBIT
$ 41.54M$ -17.41M$ 12.00M$ -23.74M$ -104.57M$ 124.88M
EBITDA
$ 110.32M$ 139.43M$ 167.87M$ 82.21M$ 5.05M$ 224.32M
Currency in USD

Summit Hotel Properties Earnings and Revenue History

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