Extended Stay America Announces Third Quarter 2020 Results
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Extended Stay America (STAY) Tops Q3 EPS by 8c, Revenues Beat
November 9, 2020 5:13 PM ESTExtended Stay America (NASDAQ: STAY) reported Q3 EPS of $0.19, $0.08 better than the analyst estimate of $0.11. Revenue for the quarter came in at $285.9 million versus the consensus estimate of $273.52 million.
Third Quarter 2020 Highlights
Net income of $31.5 millionTotal revenues of $285.9 millionComparable system-wide Revenue Per Available Room (RevPAR) declined 14.7% to... More