Extended Stay America (STAY) Tops Q2 EPS by 24c, Revenues In-Line; Boosts FY18 EPS Mid-Point Outlook
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Extended Stay America Announces Second Quarter 2018 Results
July 25, 2018 4:15 PM EDT- Net Income of $65.6 million for the second quarter- Adjusted EBITDA1 of $167.3 million for the second quarter- Comparable system-wide RevPAR grows 1.6% for the second quarter- Announces hotels under contract to be sold and updates new hotel pipeline
CHARLOTTE, N.C., July 25, 2018 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ: STAY) (together, the Company)Â today announced consolidated results for the three and six months ended June 30, 2018.
Second Quarter 2018 Highlights
Total revenues of $336.5... More