Compared to Estimates, Service Properties (SVC) Q2 Earnings: A Look at Key Metrics

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 ...