Service Properties Trust (SVC) Tops Q2 EPS by 40c

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Go back to Service Properties Trust (SVC) Tops Q2 EPS by 40c

Service Properties Trust Announces Second Quarter 2022 Results

August 4, 2022 4:30 PM EDT

Net Income of $0.07 Per Common Share

238% Increase in Normalized FFO to $0.54 Per Common Share

53% Increase in Adjusted EBITDAre to $181.9 Million

Sold 76 Properties Raising Proceeds of $523.1 Million YTD Through July 31st

Met All Financial Covenant Requirements

NEWTON, Mass.--(BUSINESS... More