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0 0.00210970464135017 -0.0154711673699016 -0.0154711673699016 -0.0154711673699016 -0.0154711673699016 -0.0154711673699016 -0.0154711673699016
Stock impact report

Extended Stay America Announces Third Quarter 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 $53.2 million in the Third Quarter- Adjusted EBITDA1 of $156.3 million in the Third Quarter- Franchise pipeline expands 12% to 58 hotels in the Third Quarter- Repurchased 4.0 million Paired Shares in the Third Quarter CHARLOTTE, N.C., Nov. 06, 2019 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (together, the “Company”) (NASDAQ:STAY) today announced consolidated results for the three and nine months ended September 30, 2019. 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%   Adjusted EBITDA of $156.3 million Adjusted Funds from Operations (“Adjusted FFO”)1 of $0.54 per diluted Paired Share Adjusted Paired Share Income1 of $0.33 per diluted Paired Share$186 million in capital returns to shareholders for the first nine months of 2019   Extended Stay America’s President and Chief Executive Officer, Jonathan Halkyard, commented Show less Read more
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