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Hines Global Income Trust Inc   (HGIT)
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EARNINGS REPORT by CSIMarket

Turn's into Profitability, Revenues very Strong

Hines Global Income Trust Inc announced first quarter 2020 operating income of $0.857 millions

Hines Global Income Trust Inc announced earnings per share of $0.47 and Revenue of $33 millions in the first quarter 2020, Company's turn a round per share, versus $-0.09 eps, earned in the same quarter a year ago, although Hines Global Income Trust Inc saw it's Revenue rise by 55.7 % in the same period.

In contrast to the fourth quarter 2019 Revenues increased by 2.3 % from $33 millions and EPS turn positive from $-0.13 per share.

Company achieved net income of $41.752 millions in the first quarter 2020 an improvement versus a net loss of $-3.999 millions in the same quarter a year ago. Hines Global Income Trust Inc also emphasized it's improving profit margins, where net margin rose to 123.36% in first quarter 2020, and operating margin edged up to 2.53%.


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Other HGIT's Earnings Reports

Hines Global Income Trust Inc reported fourth quarter 2019 earnings

Hines Global Income Trust Inc reported third quarter 2019 earnings

Hines Global Income Trust Inc reported second quarter 2019 earnings

       
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