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Innsuites Hospitality Trust  (IHT)
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EARNINGS REPORT by CSIMarket

Turn's into Profitability, Topline Crumbles

Innsuites Hospitality Trust announced third quarter 2018 operating shortfall of $-0.312185 millions

For the third quarter 2018 Innsuites Hospitality Trust turn a round of $0.23 per share compare to $-0.08 a year ago and EPS turn positive from $-0.07 per share from the previous quarter.

Sales faded by -44.81 % to $2 millions from $3 millions in the same quarter a year ago and sequentially Sales Tumbled by -38.69 % from $2 millions.



Company achieved net income of $12 millions in the third quarter 2018 an improvement versus a net loss of $-1 millions in the same quarter a year ago.


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Innsuites Hospitality Trust announced third quarter 2018 operating shortfall of $-0.312185 millions

In the forth quarter company reported soft top and bottom-line results, where earnings per share plummeted by -50.32 % and revenue by -19.47 % year on year. Revenue were to $844.91 millions compare to $1.05 billions eps at $0.23 compare to $0.47 in same quarter a year ago.

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The output of the nation's factories, mines and utilities accelerated in November

Industrial production increased on the faster pace again, consumers turned on their air conditioners and elevated utilities output.

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A $148.00 million tax benefit, helped Southern Co to post $0.27 eps in the forth quarter

A $148.00 million tax benefit, helped Southern Co to post $0.27 eps in the forth quarter

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Six Flags Entertainment Corp announced forth quarter operating profit of $81.44 millions

In the forth quarter Six Flags Entertainment Corp slipped into loss of $-0.32 per share compare to $2.11 a year ago and eps fell from $2.16 per share from the previous quarter.

Sales fell sharply by -76.83 % to $134.51 millions from $580.42 millions in the same quarter a year ago and sequentially Sales deteriorated by -78.3 % from $619.82 millions.

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Johnson & Johnson announced earnings per share of $1.11 and Sales of $20.35 billions in the forth quarter, Company's earnings turn positive per share, versus $-3.90 eps, earned in the same quarter a year ago, although Johnson & Johnson saw it's Sales rise by 0.99 % in the same period.

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U.S. Retailers saw higher build-up of invetories in October

The build up in retail inventories accelerated due to growing inventories at the car dealars.

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Americans have earned more in third-quarter and productivity grew as well, as strenght in the U.S. economy becomes more evident.

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Americans cut back on spending in November and used a hefty increase in wages to pad their savings accounts, government data showed.

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A $46.75 million tax benefit, helped Coeur Mining, Inc to post $0.10 eps in the forth quarter

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Kemper Corporation announced forth quarter operating income of $321.9 millions

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Other IHT's Earnings Reports

Innsuites Hospitality Trust reported second quarter 2018 earnings

Innsuites Hospitality Trust reported first quarter 2018 earnings

Innsuites Hospitality Trust reported forth quarter 2017 earnings

     
       
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