Starwood Hotels (HOT) Misses Q2 EPS by 3c
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Starwood Reports Second Quarter 2016 Results
July 26, 2016 6:30 AM EDTSTAMFORD, Conn.--(BUSINESS WIRE)-- Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today reported second quarter 2016 financial results.
Second Quarter 2016 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 business, is not included in continuing operations. Adjusted EBITDA was $297Â million, which includes... More