Extended Stay America (STAY) Reports In-Line Q4 EPS, Offers FY Guidance
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Extended Stay America Announces Fourth Quarter and Full Year 2019 Results
February 26, 2020 4:30 PM EST- Net Income of $23.8 million in the Fourth Quarter, $165.1 million for the Full Year 2019- Adjusted EBITDA1 of $108.8 million in the Fourth Quarter, $535.0 million for the Full Year 2019- Comparable system-wide RevPAR of -0.8% in the Fourth Quarter, -0.9% for the Full Year 2019- Over $300 million in capital returns to Paired Shareholders for the Full Year 2019- Issues 2020 Guidance
CHARLOTTE, N.C., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (together, the Company)Â (NASDAQ: STAY) today announced consolidated results for the three and twelve months ended December 31, 2019.
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