Hospitality Properties Trust Reveals 8% Increase In Q3 Earnings

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

The company said its bottom line climbed to $175.46 million, or $1.07 per share. This was up from $162.14 million, or $1.03 per share, in last year's third quarter.

The company said revenue for the quarter rose 6.3% to $577.59 million. This was up from $543.52 million last year.

Hospitality Properties Trust earnings at a glance:

-Earnings (Q3): $175.46 Mln. vs. $162.14 Mln. last year. -Earnings Growth (Y-o-Y): 8.2% -EPS (Q3): $1.07 vs. $1.03 last year. -EPS Growth (Y-o-Y): 3.9% -Revenue (Q3): $577.59 Mln vs. $543.52 Mln last year. -Revenue Change (Y-o-Y): 6.3%