Ashford (AINC) Scheduled to Post Quarterly Earnings on Thursday

Ashford (NYSEAMERICAN:AINC) is scheduled to be announcing its earnings results after the market closes on Thursday, November 1st. Analysts expect the company to announce earnings of ($2.88) per share for the quarter.

Ashford (NYSEAMERICAN:AINC) last released its earnings results on Thursday, August 9th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.46. The firm had revenue of $54.81 million for the quarter, compared to analyst estimates of $42.08 million. Ashford had a negative return on equity of 23.28% and a negative net margin of 11.73%.

NYSEAMERICAN:AINC opened at $60.00 on Wednesday. Ashford has a 52-week low of $53.00 and a 52-week high of $111.00.

A hedge fund recently raised its stake in Ashford stock. Bank of New York Mellon Corp lifted its stake in Ashford Inc (NYSEAMERICAN:AINC) by 27.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,382 shares of the financial services provider’s stock after purchasing an additional 942 shares during the quarter. Bank of New York Mellon Corp owned 0.21% of Ashford worth $284,000 as of its most recent filing with the Securities & Exchange Commission.

A number of research analysts recently issued reports on the company. TheStreet raised Ashford from a “d” rating to a “c+” rating in a report on Thursday, August 30th. Zacks Investment Research raised Ashford from a “strong sell” rating to a “hold” rating in a report on Monday, July 9th. Finally, B. Riley set a $95.00 target price on Ashford and gave the stock a “hold” rating in a report on Friday, August 10th.

About Ashford

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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Earnings History for Ashford (NYSEAMERICAN:AINC)

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