Zacks: Brokerages Anticipate Ashford Inc. (NASDAQ:AINC) Will Announce Earnings of $2.65 Per Share

Wall Street brokerages expect that Ashford Inc. (NASDAQ:AINC) will report earnings per share of $2.65 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Ashford’s earnings. Ashford posted earnings per share of $3.60 in the same quarter last year, which would indicate a negative year-over-year growth rate of 26.4%. The company is scheduled to report its next earnings report after the market closes on Thursday, August 1st.

On average, analysts expect that Ashford will report full year earnings of $8.75 per share for the current year. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Ashford.

Ashford (NASDAQ:AINC) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.16. The company had revenue of $63.32 million for the quarter, compared to analyst estimates of $57.13 million.

NASDAQ:AINC opened at $27.99 on Tuesday. The stock’s 50-day simple moving average is $36.61. Ashford has a one year low of $25.77 and a one year high of $95.58.

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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