Extended Stay America Announces First Quarter 2019 Results

Go back to Extended Stay America Announces First Quarter 2019 Results

Extended Stay America (STAY) Reports In-Line Q1 EPS, Revenues Beat, Comp. RevPAR Down 1.6%; Affirms FY19 EPS/Revenue Guidance

May 1, 2019 4:32 PM EDT

Extended Stay America (NASDAQ: STAY) reported Q1 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $277.7 million versus the consensus estimate of $275.52 million.

Net Income of $28.4 millionTotal revenues of $277.7 millionComparable system-wide Revenue Per Available Room (RevPAR) declined... More