Service Properties Trust (SVC) Reports Q4 Loss of $0.09, Revenues Beat

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Go back to Service Properties Trust (SVC) Reports Q4 Loss of $0.09, Revenues Beat

Service Properties Trust Announces Fourth Quarter and Year End 2019 Results

February 28, 2020 7:00 AM EST

Fourth Quarter Net Loss of $(0.09) Per Common Share

Fourth Quarter Normalized FFO of $0.92 Per Common Share

Sold More Than $500 Million of Net Lease Assets During the Fourth Quarter

Combined Existing Agreements With Marriott Into a Single Portfolio with an Extended Term, Increased Credit Support and Agreed to Sell Certain Hotels

Restructured Business Arrangements with Sonesta

NEWTON, Mass.--(BUSINESS WIRE)-- Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter and year ended December 31,... More