Service Properties Trust (SVC) Misses Q3 EPS by 6c, Revenues Beat

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Service Properties Trust Announces Third Quarter 2019 Results

November 8, 2019 7:00 AM EST

Third Quarter Net Income of $0.24 Per Common Share

Third Quarter Normalized FFO of $0.95 Per Common Share

Completed Acquisition of Net Lease Portfolio of Service-Oriented Retail Properties for $2.4 Billion

Sold or Entered Agreements to Sell 128 Properties for $500 Million

NEWTON, Mass.--(BUSINESS WIRE)-- Service Properties Trust (Nasdaq: SVC) (formerly known as Hospitality Properties Trust) today announced its financial results for the quarter and nine months ended September 30, 2019:

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

... More