UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 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) (State or Other Jurisdiction of Incorporation or Organization) Maryland 04-3262075 (I.R.S. Emp ...

ES TRUST Service Properties Trust Fourth Quarter 2024 Financial Results and Supplemental Information February 26, 2025 Table of Contents | QUARTERLY RESULTS | | | | | --- | --- | --- | --- | | | Service Properties Trust Announces Fourth Quarter 2024 Financial Results . | 4 | | | | Fourth Quarter 2024 Highlights | 5 | | | FINANCIALS | | | | | | Key Financial Data | Z | | | | Consolidated Statements of Income (Loss) . | 8 | | | | Consolidated Balance Sheets. | ol | | | | Debt Summary. | 10 | Tr | | | Debt Mat ...

Service Properties Trust (NASDAQ: SVC ), a REIT that specializes in the ownership of hotels and triple net lease retail properties has seen its shares take a nosedive in recent weeks. Back in October, the companyAbout My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I target two articles per week for publicati ...

Time to venture back to a seldom discussed corner of the REIT equation, REIT management. There are a wide variety of strategies for REITs giving investors an opportunity to target asset classes, strategies, geographies, and more with over 100REITer's Digest is a discussion forum for my thoughts on investments. I spent more than ten years working in the real estate industry, including an S&P500 REIT and a Big Four consulting group. I am light-hearted, open-minded, and a student of the game. Investing is not ...

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]

Core Viewpoint - Service Properties (SVC) reported quarterly funds from operations (FFO) of $0.32 per share, missing the Zacks Consensus Estimate of $0.37 per share, and down from $0.56 per share a year ago, indicating a negative trend in performance [1][2] Financial Performance - The company posted revenues of $491.17 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.36%, compared to $496.83 million in the same quarter last year [2] - Over the last four quarters, Service Properties has not surpassed consensus FFO estimates, with a quarterly FFO surprise of -13.51% [1][2] Stock Performance - Service Properties shares have declined approximately 65.3% since the beginning of the year, contrasting with the S&P 500's gain of 21.2% [3] - The current consensus FFO estimate for the upcoming quarter is $0.25 on revenues of $448.55 million, and for the current fiscal year, it is $1.21 on revenues of $1.9 billion [7] Industry Outlook - The REIT and Equity Trust - Other industry is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - The performance of Service Properties may be influenced by the overall industry outlook, as empirical research indicates a strong correlation between stock movements and industry trends [5][8]

| --- | --- | --- | --- | |--------------------------------------------------------------------------------------------|--------------------------------------|-------|-------| | | 24225 W. Lorenzo Road /ilmington, IL | | | | IES TRUST | | | | | Service Properties Trust Third Quarter 2024 Financial Results and Supplemental Information | | | | | November 6, 2024 | | | | Table of Contents | --- | --- | --- | --- | --- | |------------|----------------------------------------------------------------------------- ...

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 ...

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 ...