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Extended Stay America Inc (STAY.N)

STAY.N on New York Stock Exchange

20.41USD
19 Apr 2018
Change (% chg)

$-0.07 (-0.34%)
Prev Close
$20.48
Open
$20.51
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$20.27
Volume
219,524
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327,487
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$21.28
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$16.27

Latest Key Developments (Source: Significant Developments)

Extended Stay America Inc Announces Extension Of Paired Share Repurchase Authorization
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - Extended Stay America Inc ::EXTENDED STAY AMERICA ANNOUNCES EXTENSION OF PAIRED SHARE REPURCHASE AUTHORIZATION.EXTENDED STAY AMERICA ANNOUNCES EXTENSION OF PAIRED SHARE REPURCHASE AUTHORIZATION.EXTENDED STAY AMERICA INC - ‍EXTENDED MATURITY OF COMBINED PAIRED SHARE REPURCHASE PROGRAM THROUGH DECEMBER 31, 2018, EACH EFFECTIVE JANUARY 1, 2018​.  Full Article

Extended Stay America Announces Leadership Transition And Updates 2017 Guidance
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Extended Stay America Inc ::EXTENDED STAY AMERICA ANNOUNCES LEADERSHIP TRANSITION AND UPDATES 2017 GUIDANCE.- CFO JONATHAN HALKYARD PROMOTED TO SUCCEED GERRY LOPEZ AS CEO ON JANUARY 1, 2018.- CURRENT PRESIDENT AND CEO, GERRY LOPEZ, WILL TRANSITION TO ROLE OF SENIOR ADVISOR UNTIL MARCH 18, 2018.SEES FY 2017 TOTAL REVENUES $1,280 MILLION TO $1,284 MILLION.SEES FY 2017 NET INCOME $158 MILLION TO $163 MILLION.FY2017 REVENUE VIEW $1.28 BILLION -- THOMSON REUTERS I/B/E/S.SEES FY 2017 COMPARABLE REVPAR UP 1.6 % TO 1.9 %.  Full Article

Extended Stay America reports Q3 revenue $350.9 million
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Extended Stay America Inc :Extended Stay America reports third quarter 2017 results.Q3 revenue $350.9 million versus I/B/E/S view $359.6 million.Q3 adjusted earnings per share $0.35.Q3 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.Qtrly ‍comparable hotel revenue per available room of $54.55​.Extended Stay America - ‍ Outlook for 2017 capex includes about $15 million in capital expenditures from hurricane damage, flood damage, similar events​.Extended Stay America Inc sees ‍2017 total revenues $1,273 million to $1,279 million​.Extended Stay America Inc - Sees FY comparable revpar 1.0% - 1.5%‍​.Extended Stay America Inc - Sees FY capital expenditures $163 million to $178 mln‍​.Extended Stay America Inc qtrly ‍adjusted funds from operations per paired share $0.57​.FY2017 revenue view $1.29 billion -- Thomson Reuters I/B/E/S.Extended Stay America Inc qtrly earnings per share $0.28‍​.  Full Article

Extended Stay America announces third quarter 2016 results
Tuesday, 25 Oct 2016 

Extended Stay America Inc : Extended Stay America announces third quarter 2016 results . Q3 same store sales rose 3.9 percent . Q3 revenue $354.5 million versus i/b/e/s view $352 million . Q3 adjusted earnings per share $0.36 . Extended Stay America Inc - q3 comparable hotel total revenues increase 3.9% . Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S . Revpar for three months ended september 30, 2016 grew 7.5% over same period in 2015 . Sees FY total revenues $1,261 million - $1,267 million . Sees FY comparable hotel revenue 3.6% - 4.1% . FY2016 revenue view $1.26 billion -- Thomson Reuters I/B/E/S .Sees capital expenditures between $220 million to $235 million in fy2016.  Full Article

Extended Stay America says entered into a share repurchase agreement with ESH Hospitality
Friday, 30 Sep 2016 

Extended Stay America Inc : Extended Stay America announces secondary offering and repurchase of paired shares . Underwritten secondary offering of 13 million paired shares .Says repurchase agreement to repurchase 1.95 million paired shares directly from selling stockholders.  Full Article

Extended Stay America Q2 adjusted EPS $0.31
Thursday, 28 Jul 2016 

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