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Summit Hotel Properties inc   (INN)
Other Ticker:  
 
 

INN's Net Income Growth by Quarter and Year

Summit Hotel Properties Inc 's Net Income results by quarter and year




INN Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December -3.28 -15.81 -10.91 -44.71
III Quarter September 3.49 8.60 -4.24 -35.78
II Quarter June 6.20 15.38 -20.57 -52.55
I Quarter March 0.11 -8.97 -32.87 -16.21
FY   6.52 -0.80 -68.59 -149.25



INN Net Income fourth quarter 2023 Y/Y Growth Comment
Summit Hotel Properties inc in the fourth quarter 2023 recorded net loss of $ -3.28 millions.

According to the results reported in the fourth quarter 2023, Summit Hotel Properties Inc achieved the best Net Income growth in Real Estate Investment Trusts industry. While Summit Hotel Properties Inc ' s Net Income no change of % ranks overall at the positon no. in the fourth quarter 2023.




INN Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - - - -
III Quarter September -59.42 % - - -
II Quarter June -59.69 % - - -
I Quarter March - - - -
FY   - - - -

Financial Statements
Summit Hotel Properties Inc 's fourth quarter 2023 Net Income $ -3.28 millions INN's Income Statement
Summit Hotel Properties Inc 's fourth quarter 2022 Net Income $ -15.81 millions Quarterly INN's Income Statement
New: More INN's historic Net Income Growth >>


INN Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - - - -
III Quarter September -43.71 % -44.08 % - -
II Quarter June 5536.36 % - - -
I Quarter March - - - -
FY (Year on Year)   - - - -




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Real Estate Investment Trusts Industry #
Financial Sector #
Overall #

Net Income Y/Y Growth Statistics
High Average Low
0 % 0 % 0 %
 
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Real Estate Investment Trusts Industry #
Financial Sector #
Overall #
Net Income Y/Y Growth Statistics
High Average Low
0 % 0 % 0 %
 

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Summit Hotel Properties Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


INN's IV. Quarter Q/Q Net Income Comment
Recent results of -3.28 millions by Summit Hotel Properties inc appear even more unfavourable compare to the 3.49 millions net loss a quarter before.

Within Real Estate Investment Trusts industry Summit Hotel Properties inc achieved highest sequential Net Income growth. While Summit Hotel Properties Inc 's Net Income growth quarter on quarter, overall rank is .


Net Income Q/Q Growth Company Ranking
Within: No.
Real Estate Investment Trusts Industry #
Financial Sector #
Overall #
Net Income Q/Q Growth Company Ranking
Within: No.
Real Estate Investment Trusts Industry #
Financial Sector #
Overall #
Net Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


INN's IV. Quarter Q/Q Net Income Comment
IV. Quarter 2023 results of -3.28 millions by Summit Hotel Properties inc come out even worse compare to the net loss 3.49 millions in the previous quarter.

Within Real Estate Investment Trusts industry Summit Hotel Properties inc achieved highest sequential Net Income growth. While Summit Hotel Properties Inc 's Net Income growth quarter on quarter, overall rank is .


Summit Hotel Properties Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Net Income 12 Months Ending $ 6.51 $ -6.02 $ -0.90 $ 8.28 $ -0.81
Y / Y Net Income Growth (TTM) - - - - -
Year on Year Net Income Growth Overall Ranking # # # # #
Seqeuential Net Income Change (TTM) - - - - -
Seq. Net Income Growth (TTM) Overall Ranking # # # # #




Cumulative Net Income growth Comment
In the Dec 31 2023 period, Summit Hotel Properties Inc had cumulative twelve months Net Income of $ 7 millions compare to net loss of $ -1 millions a year ago.

Summit Hotel Properties inc achieved highest trailing twelve month year on year Net Income growth. While overall Net Income growth ranking, remained unchanged compare to the previous quarter at no. .

Net Income TTM Q/Q Growth Statistics
High Average Low
0 %
0 %
0 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Real Estate Investment Trusts Industry #
Financial Sector #
Overall #

Net Income TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry #
Sector #
S&P 500 #
Cumulative Net Income growth Comment
In the Dec 31 2023 period, Summit Hotel Properties Inc had cumulative twelve months Net Income of $ 7 millions compare to net loss of $ -1 millions a year ago.

Summit Hotel Properties inc achieved highest trailing twelve month year on year Net Income growth. While overall Net Income growth ranking, remained unchanged compare to the previous quarter at no. .

Net Income TTM Q/Q Growth Statistics
High Average Low
0 %
0 %
0 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Real Estate Investment Trusts Industry #
Financial Sector #
Overall #

Net Income TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry #
Sector #
S&P 500 #




Other Net Income Growth
Real Estate Investment Trusts Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
INN's Net Income Growth Ratio versus Real Estate Investment Trusts Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for INN's Competitors
Net Income Growth for Summit Hotel Properties Inc 's Suppliers
Net Income Growth for INN's Customers

You may also want to know
INN's Annual Growth Rates INN's Profitability Ratios INN's Asset Turnover Ratio INN's Dividend Growth
INN's Roe INN's Valuation Ratios INN's Financial Strength Ratios INN's Dividend Payout Ratio
INN's Roa INN's Inventory Turnover Ratio INN's Growth Rates INN's Dividend Comparisons



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