Edition:
United Kingdom

Extended Stay America Inc (STAY.N)

STAY.N on New York Stock Exchange

21.00USD
19 Jan 2018
Change (% chg)

$0.52 (+2.54%)
Prev Close
$20.48
Open
$20.61
Day's High
$21.25
Day's Low
$20.49
Volume
728,099
Avg. Vol
430,239
52-wk High
$21.25
52-wk Low
$15.62

Latest Key Developments (Source: Significant Developments)

Extended Stay America Inc Announces Extension Of Paired Share Repurchase Authorization
Tuesday, 2 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
Monday, 18 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
Thursday, 29 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

Extended Stay America Inc reaffirms FY 2016 revenue and EBITDA guidance; lowers FY 2016 net income guidance
Tuesday, 26 Apr 2016 

Extended Stay America Inc:Expects FY 2016 total revenues to range from $1.266 billion to $1.290 billion.Expects FY 2016 adjusted EBITDA to range from $600 million to $620 million.Expects FY 2016 net income is anticipated to range from $151 million to $180 million, reflecting both the higher expected interest expense and reduced effective tax rate.  Full Article

Extended Stay America, Inc announces proposed private offering of add-on notes
Friday, 11 Mar 2016 

Extended Stay America, Inc:Announces proposed private offering of add-on notes.Unit intends to offer an additional $500 million aggregate principal amount of 5.25% senior notes due 2025.Says notes will be issued under the same indenture as the 5.25% senior notes due 2025 issued by esh reit on may 15, 2015.Intends to use proceeds to repay all amounts outstanding under term loan and outstanding under existing mortgage loan.  Full Article

Extended Stay America Inc gives FY 2016 guidance
Tuesday, 23 Feb 2016 

Extended Stay America Inc:Expects FY 2016 total revenues to range from $1.266 billion to $1.290 billion.Expects FY 2016 comparable hotel total revenues to increase by about 4% to 6%.Expects FY 2016 adjusted EBITDA to range from $600 million to $620 million.Expects FY 2016 net income to range from $163 million to $192 million.  Full Article

Extended Stay America Inc says distribution of $0.17 per paired share
Tuesday, 23 Feb 2016 

Extended Stay America Inc:Boards of Directors have declared a combined cash distribution of $0.17 per Paired Share for the fourth quarter of 2015.Distributions will be payable on March 22 to shareholders of record date as of March 8.  Full Article