Financial Performance - Revenue for the quarter ended September 2024 was $491.17 million, a decrease of 1.1% compared to the same period last year [1] - EPS for the quarter was $0.32, compared to -$0.03 in the year-ago quarter [1] - The reported revenue missed the Zacks Consensus Estimate of $497.97 million by -1.36% [1] - The EPS surprise was -13.51%, with the consensus EPS estimate being $0.37 [1] Key Metrics - Hotel operating revenues were $390.94 million, missing the two-analyst average estimate of $397.33 million and representing a -1.2% year-over-year change [3] - Rental income was $100.24 million, slightly below the two-analyst average estimate of $100.69 million and showing a -1.1% year-over-year change [3] - Net Earnings Per Share (Diluted) was -$0.28, compared to the two-analyst average estimate of -$0.21 [3] Stock Performance - Shares of Service Properties have returned -37.3% over the past month, underperforming the Zacks S&P 500 composite's +0.7% change [4] - The stock currently has a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]

Service Properties (SVC) came out with quarterly funds from operations (FFO) of $0.32 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -13.51%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.49 per share when it actually produced FFO of $0.45, delivering a surprise of -8.16%.Over the last four ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-11527 SERVICE PROPERTIES TRUST (Exact Name of Registrant as Specified in Its Charter) Maryland 04-3262075 (State or Other Jurisdiction of Incorporation o ...

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Service Properties Trust (NASDAQ:SVC) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Stephen Colbert - Director-Investor Relations Todd Hargreaves - President & Chief Investment Officer Brian Donley - Treasurer & Chief Financial Officer Conference Call Participants Bryan Maher - B. Riley Dori Kesten - Wells Fargo Tyler Batory - Oppenheimer Operator Good day, and welcome to the Service Properties Trust Second Quarter 2024 Earnings Call. [Operator Instructions] Please note, t ...

For the quarter ended June 2024, Service Properties (SVC) reported revenue of $512.95 million, up 1.8% over the same period last year. EPS came in at $0.45, compared to -$0.07 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $509.33 million, representing a surprise of +0.71%. The company delivered an EPS surprise of -8.16%, with the consensus EPS estimate being $0.49. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

Service Properties (SVC) came out with quarterly funds from operations (FFO) of $0.45 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to FFO of $0.58 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -8.16%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.19 per share when it actually produced FFO of $0.13, delivering a surprise of -31.58%. Over the last fo ...

Table of Contents Title of Each Class Trading Symbol Name of each Exchange on which Registered Common Shares of Beneficial Interest SVC The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-11527 SERVIC ...

ES TRUST Service Properties Trust Second Quarter 2024 Financial Results and Supplemental Information August 6, 2024 Table of Contents | --- | --- | --- | --- | |-------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|-------| | | | | | | QUARTERLY RESULTS | | | | | | Service Properties Trust Announces Second Quarter 2024 Financial Results | 4 | | | | Second Quarter 2024 High ...

Liz Leyden/iStock Unreleased via Getty Images Service Properties Trust (NASDAQ:SVC) is a real estate investment trust comprised of hotels and net lease retail properties with no employees and external management that controls their operations. Last year, I wrote about the income opportunities with the company's high yield debt. Earlier this week, I participated in a tender offer for my debt holdings. With several high-yielding options remaining, I reviewed the company's financials and decided against puttin ...