Service Properties Trust Announces Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall St hits two-week lows as rising bond yields, Walmart results drag
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
Service Properties Trust (SVC) Misses Q3 EPS by 22c, Revenues Beat
November 9, 2020 7:02 AM ESTService Properties Trust (NASDAQ: SVC) reported Q3 EPS of ($0.62), $0.22 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $296.5 million versus the consensus estimate of $262.54 million.
Third Quarter Net Loss of $102.6 million, or $0.62 Per Common ShareThird Quarter Normalized FFO of $0.14 Per Common ShareThird Quarter Adjusted EBITDAre of $103.6 millionJohn Murray, President and Chief Executive Officer of SVC, made the following statement:
Our financial results during the third quarter reflect the impact of... More
