Hospitality Properties Trust Profit Climbs 11% In Q1

(RTTNews) - Hospitality Properties Trust (HPT) revealed earnings for its first quarter that climbed compared to the same period last year.

The company said its bottom line totaled $140.41 million, or $0.93 per share. This was up from $125.99 million, or $0.83 per share, in last year's first quarter.

Analysts had expected the company to earn $0.92 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.9% to $474.12 million. This was up from $435.51 million last year.

Hospitality Properties Trust earnings at a glance:

-Earnings (Q1): $140.41 Mln. vs. $125.99 Mln. last year. -Earnings Growth (Y-o-Y): 11.4% -EPS (Q1): $0.93 vs. $0.83 last year. -EPS Growth (Y-o-Y): 12.0% -Analysts Estimate: $0.92 -Revenue (Q1): $474.12 Mln vs. $435.51 Mln last year. -Revenue Change (Y-o-Y): 8.9%