Summit Hotel Properties Inc expected to post a loss of 1 cent a share - Earnings Preview

Summit Hotel Properties

01/11/2022 02:07

* Summit Hotel Properties Inc  INN.N   INN  is expected
to show a
rise in quarterly revenue when it reports  results on November
2. 
    * The Austin Texas-based  company is expected to report  a
62.0% increase in revenue to $179.273 million from $110.69
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Summit Hotel
Properties
Inc is for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Summit
Hotel
Properties Inc is $10​, above​ its last closing price of $8.64.
​​​

This summary was machine generated November 1 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated