TravelCenters of America (TA) Misses Q4 EPS by 8c, Revenues Miss

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Go back to TravelCenters of America (TA) Misses Q4 EPS by 8c, Revenues Miss

TravelCenters of America LLC Announces Fourth Quarter and Full Year 2018 Financial Results

February 26, 2019 7:00 AM EST

Loss 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,

Year Ended

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