Summit Hotel Properties, Inc. (NYSE:INN) Quarterly Basic Net EPS At 2016-03-31

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For the year ended 2016-03-31 Summit Hotel Properties, Inc. (NYSE:INN) basic consolidated EPS came $1.4578. Conversely, for the quarter ended 2016-03-31, it was $1.4578.

EPS can be simply called as a fraction of profits that is disbursed against each outstanding share. It is measured using the formula – net profit/outstanding shares. The element ‘Per-share earnings’ is majorly utilized by market experts to give earnings and price projections. Suppose a group “S” announces a net profit of $15,000 in a given year. The count of outstanding shares is 300. So, its EPS will be $50. EPS is issued every quarter, indicating the stakeholders can evaluate the financial performance periodically.

EPS alone cannot indicate on the financial well-being of a firm. For a clear picture, it is vital to look into the price to earnings ratio of company.

EPS from continuing operations

Summit Hotel Properties, Inc. (NYSE:INN) EPS from continuing operations was $1.25 for the fiscal ended 2016-03-31. For the quarter ended 2016-03-31, this figure was $1.25.

EPS contribution from parent

Summit Hotel Properties, Inc. (NYSE:INN) confirmed basic EPS of $1.4483 for the year ended 2016-03-31 from its parent group. Conversely, for the quarter closed 2016-03-31 it was $1.4483.

Basic net EPS

Summit Hotel Properties, Inc. (NYSE:INN) basic net EPS was $0.51 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it came at $0.51.

Consolidated diluted EPS

Summit Hotel Properties, Inc. (NYSE:INN) consolidated diluted EPS was 1.4373 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it stood at $1.4373.

Basic diluted EPS

Summit Hotel Properties, Inc. (NYSE:INN) basic diluted EPS was $0.5591 for the quarter ended 2016-03-31. For the year ended 2016-03-31, basic diluted EPS was $0.5591.

Net diluted EPS

Summit Hotel Properties, Inc. (NYSE:INN) posted net diluted EPS of $1.24 for the fiscal closed 2016-03-31. For the quarter ended 2016-03-31, net diluted EPS was $1.24.

Diluted EPS from parent

Summit Hotel Properties, Inc. (NYSE:INN) diluted EPS from parent group was $1.4279 for the year ended 2016-03-31. For the quarter ended 2016-03-31 it stood at $1.4279.

Summit Hotel Properties, Inc. (NYSE:INN) net basic EPS was $1.25 for the year ended 2016-03-31. For the quarter ended 2016-03-31, it was $1.25.

For the year ended 2016-03-31, basic shares outstanding were 85.92 while for the quarter ended 2016-03-31 is 85.92.

For the fiscal ended 2016-03-31, the diluted outstanding shares were 87.144 and for the quarter ended 2016-03-31 it was 87.144.

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