Extended Stay America (STAY) Tops Q2 EPS by 1c

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Go back to Extended Stay America (STAY) Tops Q2 EPS by 1c

Extended Stay America Announces Second Quarter 2020 Results

August 10, 2020 4:02 PM EDT

- Net loss of $8.8 million- Adjusted EBITDA1 of $74.4 million- Comparable system-wide RevPAR decrease of 28.7%

CHARLOTTE, N.C., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ: STAY) (together, the Company) today announced consolidated results for the three and six months ended June 30, 2020.

Second Quarter 2020 Highlights

Net loss of $8.8 millionTotal revenues of $230.8 millionComparable system-wide Revenue Per Available... More