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2023-05-24 10:00:00 ET Summary Despite lingering recession concerns, hotel REITs are pacing for a second-straight year of outperformance after punishing early-pandemic declines, buoyed by steady post-pandemic operating improvement and the long-awaited return of dividends. The fina...
2023-05-23 09:45:00 ET Summary Markets are racing higher as the earnings season turned out much better than expected. Sector rotation into tech stocks has led to a surge in big-tech with Nvidia clearly leading the pack. My dividend income in April amounted to a record $755. Th...
SVC Received $379.3 Million in Cash Minimum Annual Cash Rents for 176 Travel Centers Set at $254 Million with 2% Annual Increases Amended Leases Guaranteed by BP Corporation North America Inc. (A3 / A- Ratings) Service Properties Trust (Nasdaq: SVC) announced today t...
2023-05-11 10:00:00 ET Summary After covering the Winners of REIT Earnings Season earlier this week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports ...
2023-05-09 16:01:10 ET Service Properties Trust (SVC) Q1 2023 Earnings Conference Call May 09, 2023, 10:00 AM ET Company Participants Stephen Colbert - Director of IR Todd Hargreaves - President and CIO Brian Donley - Treasurer and CFO Conference Call Parti...
2023-05-08 17:06:15 ET Service Properties Trust press release ( NASDAQ: SVC ): Q1 FFO of $0.23 misses by $0.05 . Revenue of $429.2M (+9.0% Y/Y) beats by $16.79M . For further details see: Service Properties Trust FFO of $0.23 misses by $0.05, revenue of $...
Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2023 which can be found at the Quarterly Results section of SVC’s website at https://www.svcreit.com/investors/financial-information/default.aspx . This press release feat...
2023-05-04 08:03:57 ET Summary There is an ongoing bidding war for TravelCenters of America between a unit of BP plc and Arko Corp. TravelCenters of America's board of directors have unanimously approved the sale of the firm to BP for $86 per share in cash. On May 10, TravelCe...
Service Properties Trust (Nasdaq: SVC) today announced that it has rescheduled the release of its first quarter 2023 financial results, previously scheduled for Tuesday, May 9, 2023, to after the Nasdaq close on Monday, May 8, 2023. It will now host a conference call on Tuesday, May 9, 2023 at ...
2023-04-17 09:00:00 ET Summary SRC has persistently traded with a higher cost of capital (especially cost of equity) than its peer group. Since his appointment as CEO in 2017, Jackson Hsieh has done yeoman's work to improve the portfolio and balance sheet and to earn a lower cost ...
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Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its second quarter 2024 results after the Nasdaq closes on Tuesday, August 6, 2024. On Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargrea...
2024-07-07 23:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Service Properties Trust (Nasdaq: SVC), or SVC , today announced that Jesse Abair has been appointed as Vice President. Mr. Abair is a Vice President of The RMR Group (Nasdaq: RMR), where he leads a team responsible for the sourcing, underwriting, design, entitlement and leasing of all deve...