hersha hospitality quarterly earnings
Q2 2017 Financial Reports Round Up – Part 1: Hilton, Wynn, & Hersha
July 26, 2017
Hilton Reports Strong Second Quarter 2017 Results, Raises Full Year Outlook Highlights include: Diluted EPS from continuing operations for the second quarter was $0.51 and diluted EPS, adjusted for special items, was $0.52, an increase of 30 percent from the second quarter of 2016 on a pro forma basis Net income for the second quarter was $167 million Adjusted EBITDA for the second quarter was $519 million, an increase of 10 percent from pro forma Adjusted EBITDA for the second quarter of 2016 Adjusted EBITDA margin was 57.0 percent, an increase of 340 basis points from pro forma Adjusted EBITDA margin for the second quarter of 201...