La Quinta Holdings (LQ) Reports In-Line Q3 EPS
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La Quinta Holdings Inc. Reports Third Quarter 2016 Results
November 2, 2016 4:17 PM EDTIRVING, Texas, Nov. 2, 2016 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") (NYSE: LQ) today reported its third quarter 2016 results, for the period ending September 30, 2016.
Third Quarter 2016 Highlights
Net Income per Share was $0.20; Adjusted Earnings per Share was $0.19 Net Income was $22.7 million; Adjusted Net Income was $22.1 million Cash flow generation remained strong, as demonstrated by $100.7 million of Total Adjusted EBITDA Grew franchise and other fee based revenue 5.3 percent System-wide comparable RevPAR increased 0.8 percent, and excluding properties located in STR-defined... More