Service Properties Trust Q4 2022 Earnings Report

Service Properties Trust EPS Results

• Actual EPS: -$0.19
• Consensus EPS: $0.38
• Beat/Miss: Missed by -$0.57
• One Year Ago EPS: N/A

Service Properties Trust Revenue Results

• Actual Revenue: $455.22 million
• Expected Revenue: $439.08 million
• Beat/Miss: Beat by +$16.14 million
• YoY Revenue Growth: N/A

Service Properties Trust Announcement Details

• Quarter: Q4 2022
• Date: 2/28/2023
• Time: After Market Closes

Service Properties Trust (NASDAQ:SVC) (Nasdaq: SVC) is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of December 31, 2023, SVC owned 221 hotels with over 37,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majority of which are extended stay and select service. As of December 31, 2023, SVC also owned 752 service-focused retail net lease properties totaling approximately 13.3 million square feet throughout the United States. SVC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. SVC is headquartered in Newton, MA.