null (NYSE:SVC) Expected to Announce Quarterly Sales of $561.39 Million

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Analysts expect null (NYSE:SVC) to post sales of $561.39 million for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for null’s earnings. The lowest sales estimate is $520.50 million and the highest is $585.88 million. null reported sales of $550.80 million during the same quarter last year, which would suggest a positive year over year growth rate of 1.9%. The business is scheduled to issue its next earnings report on Wednesday, February 26th.

According to Zacks, analysts expect that null will report full year sales of $2.29 billion for the current year, with estimates ranging from $2.23 billion to $2.32 billion. For the next year, analysts anticipate that the business will report sales of $2.37 billion, with estimates ranging from $2.23 billion to $2.45 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow null.

Separately, TheStreet lowered shares of null from a “b-” rating to a “c+” rating in a report on Wednesday, September 25th.

Shares of SVC stock opened at $23.56 on Monday. null has a fifty-two week low of $22.47 and a fifty-two week high of $28.00. The company has a fifty day moving average price of $24.25.

About null

Service Properties Trust (Nasdaq: SVC) is a real estate investment trust, or REIT, that was founded through an initial public offering in 1995. As of September 20, 2019, SVC owns 328 hotels and owns or leases 945 retail focused net lease properties located throughout the United States, Canada and Puerto Rico.

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Earnings History and Estimates for null (NYSE:SVC)

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