The earnings call presented a mix of positive achievements and challenges. While there were notable successes in revenue growth driven by strategic initiatives and capital improvements, the company faced significant headwinds from reduced government travel and recorded a net loss. Future opportunities, especially from the upcoming FIFA World Cup, provide a positive outlook, but the current challenges indicate a balanced sentiment.

Company Guidance -

Q3 2025

During the second quarter of 2025, Ashford Hospitality Trust reported a notable performance with a comparable total revenue growth of 1.3% and a comparable hotel EBITDA growth of 2.6%, despite RevPAR declining by 2.2% due to macroeconomic headwinds. The company made strategic progress with their Grow AHT initiative, aimed at achieving a $50 million run rate EBITDA improvement. This initiative contributed to a 39 basis points expansion in comparable hotel EBITDA margin. The company's financial strategy included extending the MS 17 and Highland mortgage loans, with balances of $410 million and $734 million respectively, and floating interest rates tied to SOFR. Additionally, Ashford Trust raised $212 million in gross proceeds from a preferred stock offering. The company reported a net loss of $39.9 million or $6.88 per diluted share, while AFFO per diluted share was $0.78, which could have been $1.93 without the accrued default interest. The portfolio consisted of 72 hotels with 17,329 rooms, and the company ended the quarter with $100 million in cash and cash equivalents. Looking ahead, Ashford Hospitality Trust focuses on capital structure improvements and opportunistic asset dispositions to enhance cash flow, aiming to capitalize on upcoming events like the 2026 FIFA World Cup.

Comparable Revenue and EBITDA Growth

The second quarter was highlighted by comparable total revenue growth of 1.3% and comparable hotel EBITDA growth of 2.6%, despite macroeconomic headwinds.

Successful Initiatives and Capital Structure Improvements

The company realized benefits from the Grow AHT initiative, which has driven significant revenue growth and cost savings. Notable improvements in capital structure include extending mortgage loans and launching a follow-on offering of nontraded preferred stock.

RevPAR Growth from Renovations and Repositionings

Properties that underwent significant renovations or repositionings saw RevPAR increases, with Embassy Suites Dallas Galleria and La Concha Key West reporting revenue increases of 31% and 41%, respectively.

Future Opportunities from FIFA World Cup

42% of the portfolio's hotel rooms are located in cities that will host the 2026 FIFA World Cup, positioning the company to capture increased demand.

Ashford Hospitality (AHT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AHT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	-10.16 / -	-12.39	―	―	―
Jul 31, 2025	2025 (Q2)	-7.36 / -6.88	2.5	-375.20% (-9.38)	―
May 06, 2025	2025 (Q1)	-11.13 / -4.91	6	-181.83% (-10.91)	―
Feb 25, 2025	2024 (Q4)	-11.64 / -23.83	-9	-164.78% (-14.83)	―
Nov 05, 2024	2024 (Q3)	-3.50 / -12.39	-19.9	37.74% (+7.51)	―
Jul 30, 2024	2024 (Q2)	-16.30 / 2.50	-8.8	128.41% (+11.30)	―
May 07, 2024	2024 (Q1)	-20.90 / 6.00	-18.8	131.91% (+24.80)	―
Feb 28, 2024	2023 (Q4)	-18.40 / -9.00	-17.5	48.57% (+8.50)	―
Nov 07, 2023	2023 (Q3)	-13.00 / -19.90	-7.3	-172.60% (-12.60)	―
Aug 02, 2023	2023 (Q2)	-11.50 / -8.80	-2.7	-225.93% (-6.10)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AHT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$6.36	$6.28	-1.26%
May 06, 2025	$5.98	$6.01	+0.50%
Feb 25, 2025	$8.31	$8.28	-0.36%
Nov 05, 2024	$6.25	$5.92	-5.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ashford Hospitality Trust (AHT) report earnings?

Ashford Hospitality Trust (AHT) is schdueled to report earning on Nov 04, 2025, After Close (Confirmed).

What is Ashford Hospitality Trust (AHT) earnings time?

Ashford Hospitality Trust (AHT) earnings time is at Nov 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AHT EPS forecast?

AHT EPS forecast for the fiscal quarter 2025 (Q3) is -10.16.

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