Belmond Ltd. (BEL) Tops Q3 EPS by 6c, Revenues Miss; Reaffirms FY18 EBITDA Outlook
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Belmond Ltd. Reports Third Quarter 2018 Results; Reaffirms Full-Year 2018 Adjusted EBITDA Guidance
November 6, 2018 5:00 PM ESTNet earnings attributable to Belmond Ltd. of $12.6 million, compared with net earnings of $7.8 million for prior-year quarter Adjusted net earnings from continuing operations of $35.5 million, compared with adjusted net earnings of $15.5 million for prior-year quarter Adjusted EBITDA of $75.1 million up 21%, compared to adjusted EBITDA of $62.2 million for prior-year quarter Same store revenue per available room (RevPAR) up 6% from prior-year quarter in both constant currency and US dollars Reaffirms Full-Year adjusted EBITDA guidance at $140 million to $150 million
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