La Quinta Holdings (LQ) Tops Q4 EPS by 3c

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La Quinta Holdings Inc. Reports Results For Both Fourth Quarter And Full Year 2015

February 24, 2016 4:15 PM EST

IRVING, Texas, Feb. 24, 2016 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") (NYSE: LQ) today reported its fourth quarter and full year 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.

Full Year 2015 Highlights:

Pro Forma Total Adjusted EBITDA increased 4.9 percent to $394.0 million, and Pro Forma Adjusted EBITDA margin increased 30 basis... More