TravelCenters of America (TA) Misses Q4 EPS by 8c, Revenues Miss
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TravelCenters of America LLC Announces Fourth Quarter and Full Year 2018 Financial Results
February 26, 2019 7:00 AM ESTLoss from Continuing Operations for the Quarter Improved by $6.9 million, or 49.9%
Sale of Minit Mart Stores Generated Net Proceeds of $319.9 million
Purchase of 20 Travel Centers Reduced Annual Rent by $43.1 million
WESTLAKE, Ohio--(BUSINESS WIRE)-- TravelCenters of America LLC (Nasdaq: TA) today announced financial results for the three months and year ended December31, 2018:
(in thousands, except per share amounts)
Three Months Ended
December 31,
December 31,
2018 2017 2018 2017 (Loss) income from continuing operations $ (6,973 ) $ (13,919 ) $ (2,773 ) $ 19,902 Net (loss) income (5,922... More