Extended Stay America Announces Second Quarter 2020 Results
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Extended Stay America (STAY) Tops Q2 EPS by 1c
August 10, 2020 4:03 PM EDTExtended Stay America (NASDAQ: STAY) reported Q2 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $230.8 million versus the consensus estimate of $228.92 million.
Second Quarter 2020 Highlights
Net loss of $8.8 millionTotal revenues of $230.8 millionComparable system-wide Revenue Per Available Room (RevPAR) declined 28.7% to $38.38Comparable system-wide occupancy of... More