Service Properties Trust reports results for the quarter ended December 31 - Earnings Summary

• Service Properties Trust SVC.OQ reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -8 cents. The lone analyst forecast for the quarter was for a loss of 39 cents per share.

• Revenue rose 2.8% to $456.56 million from a year ago; analysts expected $443.61 million.

• Service Properties Trust's reported EPS for the quarter was a loss of 46 cents​.

• The company reported a quarterly loss of $76.39 million.

• Service Properties Trust shares had risen by 4.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 12.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "hold"

Wall Street's median 12-month price target for Service Properties Trust is $2.85

This summary was machine generated from LSEG data February 27 at 04:51 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)