Red Lion Hotels Reports Quarterly Net Loss Of $7.3 Mln Or $0.30 Per Share [Reuters]
RED LION HOTELS (RLH)
Last red lion hotels earnings: 2/27 06:30 am
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ir.redlion.com/investor-relations
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Source: Reuters
Red Lion Hotels Corp (RLH.N) Key Developments | Reuters.com March 8 (Reuters) - Red Lion Hotels Corp ::NET LOSS FOR THE QUARTER WAS $7.3 MILLION OR $0.30 PER SHARE.QTRLY TOTAL REVENUES $28.2 MILLION VERSUS $38.5 MILLION.Q4 EARNINGS PER SHARE VIEW $-0.10, REVENUE VIEW $26.8 MILLION -- REFINITIV IBES DATA.PROVIDING EXPECTATIONS FOR 2019 THAT DO NOT CONTEMPLATE INCREMENTAL SALES OF OWNED HOTELS.EXPECTS THAT SALES OF REMAINING HOTELS WILL REDUCE THE COMPANY’S PROFITABILITY IN 2019.ADJUSTED EBITDA FROM CONTINUING OPERATIONS IS EXPECTED TO BE BETWEEN $20.5 MILLION AND $22.5 MILLION IN 2019..EXPECTS TO EXECUTE BETWEEN 160 AND 200 FRANCHISE LICENSE AGREEMENTS IN 2019.. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, a
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