Brief: Service Properties Trust Q2 Net Loss Of $0.23 Per Common Share

Service Properties Trust

07/08/2020 12:05

Aug 7 (Reuters) - Service Properties Trust  SVC.O :
    * ANNOUNCES SECOND QUARTER 2020 RESULTS
    * Q2 ADJUSTED FFO PER SHARE $0.48
    * Q2 NET LOSS OF $0.23 PER COMMON SHARE
    * CO'S HOTEL OCCUPANCIES REACHED ALL-TIME LOWS DURING Q2 OF
2020
AS A RESULT OF WEAK DEMAND
    * AS OF AUGUST 6, 2020, CO  HAS REOPENED 9 OF 19 HOTELS THAT
IT
HAD CLOSED AS A RESULT OF COVID-19 PANDEMIC
    * QTRLY REVENUE $214.9 MILLION VERSUS 610.6 MILLION
    * Q2 FFO PER SHARE VIEW $0.42 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw6069da 
Further company coverage:  SVC.O 

 ((Reuters.Briefs@thomsonreuters.com;))