Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
AMERICAN HOTEL (AHOTF)
OTHER OTC:AHOTF
Holding AHOTF?
Track your performance easily
Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-1.41Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: 4.55%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with some positive strides in revenue growth, successful property dispositions, and leverage reduction. However, these were counterbalanced by ongoing operational challenges, a decline in FFO, and issues with franchise agreement compliance. The company is making progress in stabilizing costs and labor, but the financial metrics and industry environment continue to pose challenges.Company Guidance
During the Q3 2024 earnings call for American Hotel Income Properties REIT LP, the executive team, including CEO Jonathan Korol, COO Bruce Pittet, and CFO Travis Beatty, provided guidance on several key metrics. The company experienced a 2.3% increase in total revenue, with RevPAR improving by 2% to $98, driven by growth in occupancy and average daily rate (ADR). Despite the challenging operating environment with elevated costs and labor shortages, AHIP's NOI margin remained stable at 0.98x compared to Q3 2023. Occupancy averaged 73%, and ADR was $135, with the Extended Stay segment showing the strongest performance. Debt reduction remained a priority, with AHIP reducing debt to gross book value by 180 basis points and debt to trailing 12-month EBITDA by one full turn over the past year. The company completed $112 million in dispositions and planned further asset sales to address upcoming debt maturities. Travis Beatty highlighted that normalized diluted FFO per unit was $0.07, and AHIP had $37 million in available liquidity as of September 30, 2024. The company is focused on refinancing efforts and expects to close a CMBS refinancing by November 2024, which would significantly reduce the revolving credit facility balance.Revenue and RevPAR Growth
Total revenue grew by 2.3% and RevPAR for the quarter finished at $98, a 2% improvement over Q3 2023. This increase was driven by both occupancy and ADR growth.
Disposition Program Success
AHIP completed the dispositions of 11 properties for gross proceeds of $112 million and has 5 other hotel properties under purchase and sale agreements for gross proceeds of $53 million.
Leverage Reduction Achievements
Debt to gross book value reduced by 180 basis points, and debt to trailing 12 months EBITDA decreased by a full turn over the past 12 months.
Operational Improvements
Third-party labor use declined approximately 50% compared to the prior year, helping stabilize room department costs and improving housekeeping efficiency.
---
AHOTF Earnings History
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
---
AHOTF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $0.44 | $0.42 | -4.55% |
| Aug 06, 2024 | $0.34 | $0.35 | +2.94% |
| May 07, 2024 | $0.48 | $0.42 | -12.50% |
| Feb 28, 2024 | $0.66 | $0.65 | -1.52% |
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 AMERICAN HOTEL (AHOTF) report earnings?
AMERICAN HOTEL (AHOTF) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is AMERICAN HOTEL (AHOTF) earnings time?
AMERICAN HOTEL (AHOTF) earnings time is at Mar 05, 2025, TBA Not 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 AHOTF EPS forecast?
Currently, no data Available
---