Extended Stay America (STAY) Tops Q1 EPS by 1c, Offers FY15 Guidance

Extended Stay America (NYSE: STAY) reported Q1 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $287.6 million versus the consensus estimate of $285.7 million.

Extended Stay America sees FY2015 revenue of $1.275-1.3 billion, versus the consensus of $1.29 billion.

• Adjusted EBITDA is expected to range from $585 million to $600 million, representing approximately 5% to 8% growth over 2014
• Depreciation and amortization of $205 million to $215 million
• Net interest expense of $140 million to $145 million
• Effective tax rate of approximately 23.5%
• Net income is anticipated to range from $158 million to $181 million
• Capital expenditures of $190 million to $210 million

For earnings history and earnings-related data on Extended Stay America (STAY) click here.

You May Also Be Interested In

• SanDisk upgraded at JPMorgan after investor day; shares climb
• Neumora Therapeutics, Inc. (NMRA) Tops Q2 EPS by 4c
• Deere (DE) PT Lowered to $570 at JPMorgan Ahead of Earnings