Belmond Ltd. (BEL) Misses Q4 EPS by 1c

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Belmond Ltd. Reports Fourth Quarter 2018 and Full-Year 2018 Results

February 27, 2019 5:00 PM EST

Fourth Quarter 2018

Revenue of $122.3 million, up 4% from the prior-year quarter; up 12% on a constant currency basis Net losses attributable to Belmond Ltd. of $24.6 million, compared with net losses of $29.8 million for prior-year quarter Adjusted net losses from continuing operations of $5.8 million, compared with adjusted net losses of $6.3 million for prior-year quarter Adjusted EBITDA of $22.6 million, up 41% compared to adjusted EBITDA of $16.0 million for prior-year quarter Same store revenue per available room (RevPAR) down 2% from prior-year quarter in US dollars and up... More