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NEW YORK (TheStreet) -- La Quinta (LQ) stock is advancing by 0.28% to $16.55 in after-hours trading on Wednesday, following the release of the company's 2015 third quarter financial results. 

The hotel operator posted earnings of 19 cents per share, up from 16 cents per share for the year ago period. 

Revenue climbed year over year, to $279 million from $271 million in the 2014 third quarter.

Analysts had estimated for earnings of 19 cents per share on revenue of $275.19 million.

"In an environment of ongoing strong industry fundamentals, we remain focused on growing our business and delivering long-term shareholder value," interim CEO Keith Cline said in a statement. 

Separately, TheStreet Ratings team rates LA QUINTA HOLDINGS INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

We rate LA QUINTA HOLDINGS INC (LQ) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, generally high debt management risk and weak operating cash flow.

You can view the full analysis from the report here: LQ

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