Dow Gains Over 200 Points; Chipotle Shares Move Lower
U.S. stocks traded mixed: Dow rose 0.47%, S&P 500 edged up, Nasdaq fell; energy led gains, while Chipotle dropped after Starbucks denied takeover rumors.
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Service Properties Trust Q2 FFO $0.43, Inline, Sales $420.974M Beat $403.531M Estimate
Service Properties Trust (NASDAQ:SVC) reported quarterly earnings of $0.43 per share which met the analyst consensus estimate. This is a 22.86 percent increase over earnings of $0.35 per share from the same period last
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Service Properties Trust shares are trading lower. The company announced it received an unsolicited proposal from TKO to acquire the Company’s hospitality portfolio for $2.0 billion in cash.
Reported Friday, Service Properties Trust Confirms Unsolicited $2.0B Cash Proposal From TKO To Acquire Its Hospitality Portfolio, Says Board Will Review
Service Properties Trust Q2 2026 Earnings Call Transcript
Service Properties Trust (NASDAQ:SVC) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial