Service Properties (SVC) Q4 FFO and Revenues Surpass Estimates

Service Properties (SVC) came out with quarterly funds from operations (FFO) of $0.17 per share, beating the Zacks Consensus Estimate of$0.15 per share. This compares to FFO of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 13.33$0.37 per share when it actually produced FFO of $0.32, delivering a surprise of -13.51%.Over the last four ...