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

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

Extended Stay America Announces Third Quarter 2018 Results

October 31, 2018 4:15 PM EDT

Net Income of $75.7 million for the third quarterAdjusted EBITDA1 of $173.7 million for the third quarterComparable system-wide RevPAR grows 1.9% for the third quarterAnnounces hotel asset dispositions and increased hotel pipeline

CHARLOTTE, N.C., Oct. 31, 2018 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ: STAY) (together, the Company) today announced consolidated results for the three and nine months ended September 30, 2018.

Third quarter 2018... More