Extended Stay America (STAY) Misses Q3 EPS by 2c

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Go back to Extended Stay America (STAY) Misses Q3 EPS by 2c

Extended Stay America Reports Third Quarter 2017 Results

November 7, 2017 6:45 AM EST

-Net Income of $66.3 million, an increase of 16.1% over 3Q 2016-Adjusted EBITDA1 of $180.3 million

CHARLOTTE, N.C., Nov. 07, 2017 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NYSE: STAY) (the Company) today announced consolidated results for the three and nine months ended September 30, 2017.

Third Quarter 2017 Highlights

Comparable Hotel2 Revenue Per Available Room (RevPAR) of $54.55Net Income of $66.3 millionAdjusted EBITDA of $180.3 million... More