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Lasalle Hotel Properties  (LHO)
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    Sector  Financial    Industry Real Estate Investment Trusts


EPS Soar, Sales Down Slightly

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Lasalle Hotel Properties announced first quarter 2017 operating income of $13.859 millions

Although revenue fell for the first quarter 2017, company managed to improve it's earnings per share, earnings per share soared by 1240 % to $0.67 per share while Sales fell by -2.19 % to $254 millions, year on year.

From preceding quarter, eps more than doubled from $0.19 per share and Sales deteriorated by -12.12 % from $289 millions.

Net income of $82 millions in the first quarter 2017 increased by 799.26 % from net earnings of $9 millions reported in the first quarter 2017 a year ago. Lasalle Hotel Properties also emphasized it's improving profit margins, where net margin rose to 32.07% in first quarter 2017, and operating margin edged up to 5.45%.
Other LHO's Earnings Reports

Lasalle Hotel Properties reported forth quarter 2016 earnings

Lasalle Hotel Properties reported third quarter 2016 earnings

Lasalle Hotel Properties reported second quarter 2016 earnings

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