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Extended Stay America Inc (STAY.N)

STAY.N on New York Stock Exchange

14.29USD
26 Aug 2016
Change (% chg)

$-0.02 (-0.14%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Extended Stay America Q2 adjusted EPS $0.31
Thursday, 28 Jul 2016 06:30am EDT 

Extended Stay America Inc : Extended Stay America Inc sees FY 2016 capital expenditures are expected to range from $240 million to $260 million . Extended Stay America announces second quarter 2016 results . Q2 same store sales rose 3.4 percent . Sees FY 2016 revenue $1.257 billion to $1.272 billion . Q2 revenue $332.8 million versus i/b/e/s view $336.8 million . Q2 adjusted earnings per share $0.31 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Extended Stay America Inc qtrly Q2 total revenues of $332.8 million . Extended Stay America Inc sees FY 2016 comparable hotel total revenues are expected to increase by approximately 3.25% to 4.50% .Extended Stay America Inc sees FY 2016 net income is anticipated to range from $162 million to $188 million.  Full Article

Extended Stay America Inc reaffirms FY 2016 revenue and EBITDA guidance; lowers FY 2016 net income guidance
Tuesday, 26 Apr 2016 06:30am EDT 

Extended Stay America Inc:Expects FY 2016 total revenues to range from $1.266 billion to $1.290 billion.Expects FY 2016 adjusted EBITDA to range from $600 million to $620 million.Expects FY 2016 net income is anticipated to range from $151 million to $180 million, reflecting both the higher expected interest expense and reduced effective tax rate.  Full Article

Extended Stay America, Inc announces proposed private offering of add-on notes
Friday, 11 Mar 2016 07:40am EST 

Extended Stay America, Inc:Announces proposed private offering of add-on notes.Unit intends to offer an additional $500 million aggregate principal amount of 5.25% senior notes due 2025.Says notes will be issued under the same indenture as the 5.25% senior notes due 2025 issued by esh reit on may 15, 2015.Intends to use proceeds to repay all amounts outstanding under term loan and outstanding under existing mortgage loan.  Full Article

Extended Stay America Inc gives FY 2016 guidance
Tuesday, 23 Feb 2016 06:50am EST 

Extended Stay America Inc:Expects FY 2016 total revenues to range from $1.266 billion to $1.290 billion.Expects FY 2016 comparable hotel total revenues to increase by about 4% to 6%.Expects FY 2016 adjusted EBITDA to range from $600 million to $620 million.Expects FY 2016 net income to range from $163 million to $192 million.  Full Article

Extended Stay America Inc says distribution of $0.17 per paired share
Tuesday, 23 Feb 2016 06:50am EST 

Extended Stay America Inc:Boards of Directors have declared a combined cash distribution of $0.17 per Paired Share for the fourth quarter of 2015.Distributions will be payable on March 22 to shareholders of record date as of March 8.  Full Article

Extended Stay America Inc raises FY 2015 EBITDA guidance
Tuesday, 27 Oct 2015 06:49am EDT 

Extended Stay America Inc:Raises FY 2015 Adjusted EBITDA Guidance.  Full Article

Extended Stay America announces sale agreement of Crossland Economy Studios
Monday, 21 Sep 2015 07:30am EDT 

Extended Stay America Inc:Announces that subsidiaries of the Company, including subsidiaries of ESH Hospitality, Inc signed a definitive agreement to dispose of 53 U.S. economy extended-stay hotels and Crossland Economy Studios intellectual property.Says agreement is for $285 million in cash, subject to customary adjustments.  Full Article

Extended Stay America Inc declares dividend
Thursday, 30 Jul 2015 09:05am EDT 

Extended Stay America Inc:Says it has declared a cash distribution of $0.02 per share for the second quarter of 2015, payable to Extended Stay America, Inc.'s common shareholders.Says these distributions, which total to $0.17 per Paired Share, will be payable on Aug. 27 to shareholders of record as of Aug. 13.  Full Article

Extended Stay America Inc narrows FY 2015 revenue guidance and raises FY 2015 earnings guidance
Thursday, 30 Jul 2015 07:00am EDT 

Extended Stay America Inc:Expects FY 2015 total revenues to increase 5.5%-6.7% to $1.280-$1.295 billion.Expects FY 2015 adjusted EBITDA to a range from $595-$605 million.Expects FY 2015 net income to a range from $171-$192 million.FY 2015 revenue of $1.28 billion, EBITDA of $595 million and net income of $175 million - Thomson Reuters I/B/E/S.  Full Article

Extended Stay America Inc announces officer changes - Form 8K
Tuesday, 21 Jul 2015 04:38pm EDT 

Extended Stay America Inc:Says On July 21, resignation of James L. Donald as Chief Executive Officer and Director.Says On July 21, appointment of Gerardo Lopez as President and Chief Executive Officer, effective Aug. 24.  Full Article