La Quinta Holdings (LQ) Tops Q2 EPS by 1c

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Go back to La Quinta Holdings (LQ) Tops Q2 EPS by 1c

La Quinta Holdings Inc. Reports Results For Second Quarter 2016

August 2, 2016 4:16 PM EDT

IRVING, Texas, Aug. 2, 2016 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") (NYSE: LQ) today reported its second quarter 2016 results.

Second Quarter 2016 Highlights

Cash flow generation remained strong, as demonstrated by $105.4 million of Total Adjusted EBITDA Adjusted Earnings per Share increased by $0.02 to $0.21; GAAP Net Income per Share was $0.13, including the impact of a non-cash impairment charge of $0.14 per share Adjusted Net Income decreased 0.3 percent to $24.1 million; GAAP Net Income was $14.8 million, including the impact of a non-cash impairment charge of $16.2... More