Starwood Reports Second Quarter 2016 Results

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Go back to Starwood Reports Second Quarter 2016 Results

Starwood Hotels (HOT) Misses Q2 EPS by 3c

July 26, 2016 6:34 AM EDT

Starwood Hotels (NYSE: HOT) reported Q2 EPS of $0.71, $0.03 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.34 billion.

Highlights

Including special items which total a pre-tax loss of $130 million primarily from asset dispositions, EPS from continuing operations was a loss of $0.20. Excluding special items, EPS from continuing operations was $0.71. Net income of $0.08 per share from Vistana Signature Experiences, Inc. (Vistana), the Companys former vacation ownership... More