La Quinta Holdings (LQ) Releases Quarterly Earnings Results
La Quinta Holdings (NYSE:LQ) released its earnings data on Tuesday. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.03, American Banking News.com reports. The company had revenue of $260.00 million for the quarter, compared to the consensus estimate of $257.88 million.
La Quinta Holdings (NYSE:LQ) traded up 0.41% on Tuesday, hitting $19.39. The stock had a trading volume of 375,669 shares. La Quinta Holdings has a 52-week low of $16.01 and a 52-week high of $19.45. The stock has a 50-day moving average of $18.91 and a 200-day moving average of $18.04. The company has a market cap of $2.515 billion and a P/E ratio of 394.08.
La Quinta Holdings Inc is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand.
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