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Stock impact report

Extended Stay America Announces Fourth Quarter and Full Year 2019 Results

EXTENDED STAY AMERICA (STAY) 
Last extended stay america earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: aboutstay.com
Company Research Source: GlobeNewswire
- Net Income of $23.8 million in the Fourth Quarter, $165.1 million for the Full Year 2019- Adjusted EBITDA1 of $108.8 million in the Fourth Quarter, $535.0 million for the Full Year 2019- Comparable system-wide RevPAR of -0.8% in the Fourth Quarter, -0.9% for the Full Year 2019- Over $300 million in capital returns to Paired Shareholders for the Full Year 2019- Issues 2020 Guidance CHARLOTTE, N.C., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (together, the “Company”) (NASDAQ:STAY) today announced consolidated results for the three and twelve months ended December 31, 2019. Fourth Quarter 2019 Highlights Net income of $23.8 millionTotal revenues of $284.2 millionComparable system-wide Revenue Per Available Room (“RevPAR”) declined 0.8%, a RevPAR Index gain of 2.1% compared to our competitive set   Adjusted EBITDA of $108.8 millionAdjusted Funds from Operations (“Adjusted FFO”)1 of $0.37 per diluted Paired Share Adjuste Show less Read more
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