Hospitality Properties Trust Earnings: Here’s Why the Stock is Down Now

Hospitality Properties Trust (NYSE:HPT) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 3.87%.

Hospitality Properties Trust Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 4% to $0.78 in the quarter versus EPS of $0.75 in the year-earlier quarter.

Revenue: Rose 20.11% to $412.3 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Hospitality Properties Trust reported adjusted EPS income of $0.78 per share. By that measure, the company beat the mean analyst estimate of $0.76. It beat the average revenue estimate of $390.04 million.

Key Stats (on next page)…

Revenue increased 16.29% from $354.54 million in the previous quarter. EPS increased 5.41% from $0.74 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.77 to a profit $0.75. For the current year, the average estimate has moved down from a profit of $3.02 to a profit of $2.94 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)