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 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 727.45M	$ 675.70M	$ 361.93M	$ 234.46M	$ 549.35M	$ 567.27M
Cost of Revenue	$ 317.04M	$ 207.97M	$ -74.78M	$ 200.40M	$ 333.20M	$ 341.43M
Gross Profit	$ 410.41M	$ 467.72M	$ 148.81M	$ 34.07M	$ 216.15M	$ 225.84M
Operating Expense	$ 333.10M	$ 231.59M	$ 176.73M	$ 141.70M	$ 139.64M	$ 141.04M
Operating Income	$ 77.32M	$ 67.78M	$ -27.93M	$ -107.64M	$ 76.51M	$ 84.80M
Net Non Operating Interest Income Expense	$ -79.69M	$ -64.48M	$ -43.37M	$ -43.30M	$ -41.03M	$ -41.94M
Other Income Expense	$ 1.62M	$ -22.94M	$ -5.91M	$ 3.07M	$ 48.37M	$ 47.35M
Pretax Income	$ -15.37M	$ 4.83M	$ -67.11M	$ -147.87M	$ 83.85M	$ 90.20M
Tax Provision	$ -507.00K	$ 3.61M	$ 1.47M	$ 1.38M	$ 1.50M	$ -922.00K
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ -18.48M	$ -11.97M	$ -83.71M	$ -158.18M	$ 67.77M	$ 70.97M
Basic EPS	$ -0.18	$ -0.16	$ -0.80	$ -1.52	$ 0.65	$ 0.68
Diluted EPS	$ -0.17	$ -0.16	$ -0.80	$ -1.52	$ 0.65	$ 0.68
Basic Average Shares	$ 421.25M	$ 105.14M	$ 104.47M	$ 104.14M	$ 103.89M	$ 103.62M
Diluted Average Shares	$ 421.25M	$ 105.14M	$ 104.47M	$ 104.14M	$ 103.94M	$ 103.84M
Dividend Per Share	$ 0.24	-	-	$ 0.18	$ 0.72	$ 0.72
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 650.14M	$ 439.57M	$ 101.95M	$ 342.10M	$ 472.84M	$ 482.47M
Net Income From Continuing And Discontinued Operation	$ -2.73M	$ -11.97M	$ -65.57M	$ -143.34M	$ 82.61M	$ 90.92M
Normalized Income	$ 4.14M	$ -5.33M	-	$ -142.04M	$ 40.48M	$ 61.43M
Interest Expense	$ 17.64M	-	-	$ 43.30M	$ 41.03M	$ 41.94M
EBIT	$ 41.54M	$ 12.00M	$ -23.74M	$ -104.57M	$ 124.88M	$ 132.15M
EBITDA	$ 110.32M	$ 167.87M	$ 82.21M	$ 5.05M	$ 224.32M	$ 233.16M

Currency in USD

Summit Hotel Properties Earnings and Revenue History

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