Belmond Ltd. (BEL) Tops Q2 EPS by 4c

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Belmond Ltd. Reports Second Quarter 2018 Results; Reaffirms Full-Year 2018 Adjusted EBITDA Guidance

August 8, 2018 5:00 PM EDT

Net loss attributable to Belmond Ltd. of $1.5 million, compared with net loss of $4.9 million for prior-year quarter Adjusted net earnings from continuing operations of $19.4 million, compared with adjusted net earnings of $19.7 million for prior-year quarter Adjusted EBITDA of $51.4 million up 11%, compared to adjusted EBITDA of $46.3 million for prior-year quarter. Reaffirms Full-Year adjusted EBITDA guidance of $140 million to $150 million. Same store revenue per available room (RevPAR) up 5% from prior-year quarter; flat in constant currency.

HAMILTON, Bermuda--(BUSINESS WIRE)--... More