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For the three months ended 31 March 2018, La Quinta Holdings Inc revenues decreased 2% to $228.8M. Net loss totaled $15.1M vs. income of $1.6M. Revenues reflect Owned hotels segment decrease of 4% to $197.6M, Occupancy - Owned decrease of 4% to 60.5%. Net loss reflects General and administrative expenses increase of 18% to $41.8M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $0.01 to -$0.13.
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Revenue | 228.78 | 214.28 | 268.64 | 263.44 |
Gross Profit | 118.51 | 106.26 | 150.29 | 151.7 |
Operating Income | 4.34 | 4.89 | 42.13 | 49.78 |
Net Income | -15.14 | 121.17 | 12.41 | 16.79 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Assets | 2947.28 | 2953.1 | 2951.81 | 2928.61 |
Total Liabilities | 2145.31 | 2127.39 | 2251.41 | 2245.82 |
Total Equity | 801.97 | 825.7 | 700.4 | 682.79 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 8.85 | 182.08 | 159.77 | 89.73 |
Cash From Investing Activities | -31.72 | -181.04 | -126.06 | -78.57 |
Cash From Financing Activities | -4.49 | -20.79 | -14.26 | -9.8 |
Net Change in Cash | -27.36 | -19.75 | 19.44 | 1.37 |
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