Service Properties Trust Announces First Quarter 2020 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. DASH
9. MA
10. FND

Go back to Service Properties Trust Announces First Quarter 2020 Results

Service Properties Trust (SVC) Misses Q1 EPS by 15c, Revenues Beat

May 11, 2020 7:02 AM EDT

Service Properties Trust (NASDAQ: SVC) reported Q1 EPS of ($0.20), $0.15 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $483.78 million versus the consensus estimate of $481.23 million.

Net Income (loss):Net loss for the quarter ended March 31, 2020 was $33.7 million, or $0.20 per diluted common share, compared to net income of $225.8 million, or $1.37 per diluted common share, for the quarter ended March 31, 2019. Net loss for the quarter ended March 31, 2020 includes a $6.9 million, or $0.04 per diluted common share, net loss on the sale of real estate, $5.0 million, or $0.03 per diluted common share, of... More