La Quinta Holdings (LQ) Reports In-Line Q3 EPS

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Go back to La Quinta Holdings (LQ) Reports In-Line Q3 EPS

La Quinta Holdings Inc. Reports Results For Third Quarter 2015

October 28, 2015 4:16 PM EDT

IRVING, Texas, Oct. 28, 2015 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") (NYSE: LQ) today reported its third quarter 2015 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.

Third Quarter 2015 Highlights:

Pro Forma Total Adjusted EBITDA increased 4.5 percent to $114.2 million, and Pro Forma Adjusted EBITDA margin increased 60 basis points Pro Forma Adjusted Net Income increased 18.2 percent to $24.8 million;... More