Extended Stay America Announces Third Quarter 2019 Results
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Extended Stay America (STAY) Misses Q3 EPS by 2c, Revenues Beat, Comp. System-Wide RevPAR Down 1.3%
November 6, 2019 5:09 PM ESTExtended Stay America (NASDAQ: STAY) reported Q3 EPS of $0.33, $0.02 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $332.7 million versus the consensus estimate of $330.92 million.
Third Quarter 2019 Highlights
Net Income of $53.2 millionTotal revenues of $332.7 millionComparable system-wide Revenue Per Available Room (RevPAR) declined 1.3%... More