Service Properties Trust Q4 2023 FFO $0.31 Misses $0.36 Estimate, Sales $444.05M Beat $427.11M Estimate

Service Properties Trust (NASDAQ:SVC) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.36 by 13.89 percent. This is a 29.55 percent decrease over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $444.05 million which beat the analyst consensus estimate of $427.11 million by 3.97 percent. This is a 2.45 percent decrease over sales of $455.22 million the same period last year.