CorePoint Lodging Reports Fourth Quarter 2018 Results

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Go back to CorePoint Lodging Reports Fourth Quarter 2018 Results

CorePoint Lodging (CPLG) Reports Q4 Revenues Above Estimates

March 21, 2019 4:30 PM EDT

CorePoint Lodging (NYSE: CPLG) reported Q4 EPS of ($3.17), versus ($2.07) reported last year. Revenue for the quarter came in at $199 million versus the consensus estimate of $191 million.

Net loss attributable to CorePoint Lodging common stockholders of $186 million, or $3.17 loss per fully diluted share, includes the impact of a non-cash impairment charge of $154 millionComparable RevPAR of $53.61, an increase of 9.9% from the same period in 2017 with 1,220 bps of RevPAR Index market share growthAdjusted EBITDAre of $30 millionAdjusted FFO of... More