Extended Stay America Announces Third Quarter 2018 Results

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Extended Stay America (STAY) Tops Q3 EPS by 2c, Revenues Beat; Lifts FY18 EPS/Revenue Mid-Points Views

October 31, 2018 4:22 PM EDT

Extended Stay America (NASDAQ: STAY) reported Q3 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $351.1 million versus the consensus estimate of $344.64 million.

Total revenues of $351.1 millionComparable system-wide Revenue Per Available Room (RevPAR) grew 1.9% to $55.57Adjusted EBITDA of... More