Extended Stay America (STAY) Tops Q4 EPS by 6c

Extended Stay America (NYSE: STAY) reported Q4 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $295.7 million versus the consensus estimate of $292.78 million.

• Comparable Hotel total revenues grew 4.2% to $295.7 million
• Comparable Hotel Revenue Per Available Room (“RevPAR”) grew 4.1% to $45.52
• Comparable Hotel Adjusted EBITDA increased 16.5% to $142.5 million
• Adjusted Funds From Operations (“Adjusted FFO”)2 grew 20.5% to $80.5 million, or $0.41 per diluted Paired Share
• Adjusted Paired Share Income2 grew 25.4% to $38.8 million, or $0.20 per diluted Paired Share

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

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