Extended Stay America (STAY) Declares $0.15 Quarterly Dividend; 2.7% Yield

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Go back to Extended Stay America (STAY) Declares $0.15 Quarterly Dividend; 2.7% Yield

Extended Stay America (STAY) Misses Q2 EPS by 1c, Sales Beat

July 31, 2014 7:25 AM EDT

Extended Stay America (NYSE: STAY) reported Q2 EPS of $0.27, $0.01 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $321.9 million versus the consensus estimate of $319.11 million. RevPAR grew 7.3% to $42.26. Adjusted EBITDA of $270.2 million increased $22.2 million, or 8.9%.

Extended Stay Americas Chief... More