Service Properties Trust Announces Third Quarter 2020 Results
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Service Properties Trust (SVC) Misses Q3 EPS by 22c, Revenues Beat
November 9, 2020 7:02 AM ESTService Properties Trust (NASDAQ: SVC) reported Q3 EPS of ($0.62), $0.22 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $296.5 million versus the consensus estimate of $262.54 million.
Third Quarter Net Loss of $102.6 million, or $0.62 Per Common ShareThird Quarter Normalized FFO of $0.14 Per Common ShareThird Quarter Adjusted EBITDAre of $103.6 millionJohn Murray, President and Chief Executive Officer of SVC, made the following statement:
Our financial results during the third quarter reflect the impact of... More
