Ashford Inc. (NASDAQ:AINC) Expected to Post Earnings of $2.65 Per Share

Equities analysts expect Ashford Inc. (NASDAQ:AINC) to announce earnings per share (EPS) of $2.65 for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Ashford’s earnings. Ashford reported earnings of $3.60 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 26.4%. The firm is scheduled to issue its next earnings report after the market closes on Thursday, August 1st.

According to Zacks, analysts expect that Ashford will report full-year earnings of $8.75 per share for the current financial year. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Ashford.

Ashford (NASDAQ:AINC) last released its earnings results on Thursday, May 2nd. The company reported $1.79 EPS for the quarter, topping the consensus estimate of $1.63 by $0.16. The company had revenue of $63.32 million during the quarter, compared to analysts’ expectations of $57.13 million.

AINC stock opened at $27.99 on Tuesday. The stock has a fifty day moving average of $36.61. Ashford has a one year low of $25.77 and a one year high of $95.58.

Ashford Company Profile

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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