NASDAQ$SVC

Service Properties Trust · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Announced second quarter 2023 results.

Service Properties Trust announced its financial results for the quarter ended June 30, 2023. The company owned 221 hotels with over 37,000 guest rooms and 763 retail service-focused net lease properties totaling approximately 13.5 million square feet as of June 30, 2023.

  • Financial results for the quarter ended June 30, 2023 were announced.
  • SVC owned 221 hotels with over 37,000 guest rooms as of June 30, 2023.
  • SVC owned 763 retail service-focused net lease properties totaling approximately 13.5 million square feet as of June 30, 2023.
  • Conference call to be held on August 8, 2023.

Headline financials

Total Revenue

$504M

Previous: $516M-2.3%
EPS (adj)

$0.58

Previous: $0.54+7.4%
Capital Expenditures

-$63.6M

Previous: -$41.1M-54.7%
Free Cash Flow

-$74.8M

Previous: -$29.7M-151.6%
Net Income

-$11.3M

Previous: $11.4M-199.4%
Operating Income

$168M

Previous: $171M-1.8%
Gross Profit

$195M

Previous: $191M+2.1%
Cash & Equivalents

$435M

Previous: $635M-31.5%
Total Assets

$7.65B

Previous: $8.33B-8.2%

Revenue & EPS history

Service Properties Trust · Revenue · Quarterly

$504M

Q2 2023-2.3%vs Q2 2022
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Service Properties Trust · $97.8M total across 1 segment · Q3 2022

  • Rental Income
    $97.8M-0.9%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+0.2%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-0.5%

Avg return

30 days after

46%

31 / 68 earnings

Positive

+43.3%

Q3 2020

Best reaction

-19.2%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%+3.9%+1.3%
Q4 2025+6.8%+2.3%-19.5%
Q3 2025-6.5%-17.4%-17.0%
Q1 2025-2.9%+8.2%+13.5%
Q4 2024+9.0%+9.8%-1.1%
Q3 2024+6.8%+5.1%-6.1%
Q2 2024-4.7%-8.1%-9.3%
Q1 2024-6.4%-5.6%-15.0%
Q4 2023-9.0%-12.9%-9.2%
Q3 2023-3.5%-9.4%-1.7%
Q2 2023+5.7%+4.4%-2.9%
Q1 2023-6.7%-9.3%+0.2%
Q4 2022-1.9%+2.5%-12.4%
Q3 2022-3.0%-3.6%+1.0%
Q2 2022+9.5%+11.4%+0.6%
Q1 2022-12.5%-22.9%-16.3%
Q4 2021-1.3%-5.8%+0.2%
Q3 2021+5.6%+3.4%-24.8%
Q2 2021+11.3%+7.9%+5.5%
Q1 2021-4.4%-9.8%+5.7%
Q4 2020-3.2%-5.0%-4.3%
Q3 2020+43.3%+33.9%+63.6%
Q2 2020+15.1%+15.6%+20.8%
Q1 2020-19.2%-26.2%+65.6%
Q4 2019-2.5%-6.1%-62.5%
Q3 2019-4.5%-7.2%-6.0%
Q2 2019+2.0%+1.9%+2.7%
Q1 2019-0.0%+1.8%-6.0%
Q4 2018-1.1%-1.1%-3.9%
Q3 2018+2.7%+1.8%+2.5%
Q2 2018-0.2%+1.2%+2.3%
Q1 2018+6.3%+6.0%+9.4%
Q4 2017-4.2%-4.2%-0.4%
Q3 2017+2.2%+1.8%+3.8%
Q2 2017-5.0%-3.8%-4.4%
Q1 2017-5.4%-6.9%-4.4%
Q4 2016-1.4%-2.5%-0.8%
Q3 2016-2.4%+5.3%+12.2%
Q2 2016-0.8%-0.7%-4.3%
Q1 2016+0.6%
Q4 2015+2.5%
Q3 2015+0.8%
Q2 2015+5.0%
Q1 2015+2.9%
Q4 2014+1.0%
Q3 2014+1.3%
Q2 2014+0.7%
Q1 2014+3.3%
Q4 2013-0.1%
Q3 2013-2.2%
Q2 2013-0.5%
Q1 2013+2.3%
Q4 2012-0.8%
Q3 2012-3.3%
Q2 2012-5.3%
Q1 2012+0.8%
Q4 2010-1.7%
Q4 2011-1.7%
Q3 2011-6.2%
Q2 2011+8.2%
Q1 2010+4.8%
Q1 2011+1.3%
Q4 2008-6.1%
Q3 2009-7.9%
Q3 2010-7.9%
Q4 2009+2.5%
Q2 2010+2.5%
Q2 2009+2.5%

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