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LHOPJ.PFD (LaSalle Hotel Properties) Net Income : $-39 Mil (TTM As of Sep. 2018)


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What is LaSalle Hotel Properties Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. LaSalle Hotel Properties's Net Income for the three months ended in Sep. 2018 was $-83 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2018 was $-39 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. LaSalle Hotel Properties's Earnings per Share (Diluted) for the three months ended in Sep. 2018 was $-0.77.


LaSalle Hotel Properties Net Income Historical Data

The historical data trend for LaSalle Hotel Properties's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LaSalle Hotel Properties Net Income Chart

LaSalle Hotel Properties Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.94 212.85 135.55 252.78 195.03

LaSalle Hotel Properties Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.22 16.01 -6.96 35.67 -83.29

LaSalle Hotel Properties Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

LaSalle Hotel Properties's Net Income for the fiscal year that ended in Dec. 2017 is calculated as

Net Income(A: Dec. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=111.47+-1.699+0+85.263
=195

LaSalle Hotel Properties's Net Income for the quarter that ended in Sep. 2018 is calculated as

Net Income(Q: Sep. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-80.388+-2.85+0+-0.055000000000007
=-83

Net Income for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LaSalle Hotel Properties  (NYSE:LHOpJ.PFD) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

LaSalle Hotel Properties's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2018 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


LaSalle Hotel Properties Net Income Related Terms

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LaSalle Hotel Properties Business Description

Traded in Other Exchanges
N/A
Address
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.
Executives
Jeffrey L Martin director 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Kenneth G Fuller officer: EVP, CFO, Secretary, Treasurer 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Denise M Coll director 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Jeffrey T. Foland director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666
Bruce A Riggins officer: CFO, EVP and Secretary 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Alfred L. Young officer: EVP and COO 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Julio E Morales officer: Chief Accounting Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Jon E Bortz director, officer: Chairman, President and CEO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
Leonard Darryl Hartley director PGI, 44 CANAL CENTER PLAZA SECOND FL, ALEXANDRIA VA 22314
Stuart L Scott director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
William S Mccalmont director 3300 DREXEL, DALLAS TX 75205
Michael D Barnello officer: Chief Operating Officer LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Donald S Perkins director 1319 MARQUETTE DR, ROMEOVILLE IL 60441
Kelly L Kuhn director 84 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112