Hospitality Properties Trust Reports 33% Decline In Q4 Bottom Line

(RTTNews) - Hospitality Properties Trust (HPT) reported earnings for fourth quarter that fell from last year.

The company said its earnings declined to $81.08 million, or $0.54 per share. This was down from $121.46 million, or $0.81 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.6% to $467.44 million. This was up from $430.53 million last year.

Hospitality Properties Trust earnings at a glance:

-Earnings (Q4): $81.08 Mln. vs. $121.46 Mln. last year. -Earnings Decline (Y-o-Y): -33.2% -EPS (Q4): $0.54 vs. $0.81 last year. -EPS Decline (Y-o-Y): -33.3% -Analysts Estimate: $0.55 -Revenue (Q4): $467.44 Mln vs. $430.53 Mln last year. -Revenue Change (Y-o-Y): 8.6%