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Extended Stay America (NYSE:STAY) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Sell-side analysts expect Extended Stay America's EPS to be near 34 cents on sales of $336.69 million.
Extended Stay America EPS in the same period a year ago totaled 31 cents. Sales were $338.36 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 9.68 percent. Revenue would be down 0.49 percent on a year-over-year basis. Extended Stay America's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 0.17 | 0.16 | 0.37 | 0.31 |
| EPS Actual | 0.19 | 0.21 | 0.35 | 0.31 |
Stock Performance
Over the last 52-week period, shares are up 7.95 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Extended Stay America stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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