Analysts Expect Ashford Inc. (AINC) Will Announce Earnings of $2.66 Per Share
Wall Street brokerages predict that Ashford Inc. (NASDAQ:AINC) will report earnings per share (EPS) of $2.66 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Ashford’s earnings, with the lowest EPS estimate coming in at $2.48 and the highest estimate coming in at $2.83. Ashford reported earnings per share of $1.71 during the same quarter last year, which indicates a positive year over year growth rate of 55.6%. The business is expected to issue its next earnings results on Thursday, May 2nd.
According to Zacks, analysts expect that Ashford will report full year earnings of $9.48 per share for the current financial year, with EPS estimates ranging from $9.09 to $9.86. For the next financial year, analysts expect that the company will report earnings of $7.95 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Ashford.
NASDAQ:AINC traded down $0.16 during mid-day trading on Friday, hitting $59.00. The stock had a trading volume of 12,814 shares, compared to its average volume of 5,782. Ashford has a twelve month low of $46.30 and a twelve month high of $97.50.
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.
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