La Quinta Holdings (LQ) Reports In-Line Q2 EPS
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La Quinta Holdings Inc. Reports Results For Second Quarter 2015
July 29, 2015 4:02 PM EDTIRVING, Texas, July 29, 2015 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") (NYSE: LQ) today reported its second quarter results on a historical basis, as well as the results of operations on a pro forma basis, giving effect to La Quinta's initial public offering (IPO) in 2014 and the related transactions as described below.
Second Quarter 2015 Highlights compared to Second Quarter 2014:
Pro Forma Total Adjusted EBITDA increased 5.5 percent to $111.8 million, and Pro forma Adjusted EBITDA margin increased 30 basis points Pro Forma Adjusted Net Income... More