Summit Hotel Properties Inc expected to post a loss of 2 cents a share - Earnings Preview

Summit Hotel Properties

28/04/2025 21:20

Summit Hotel Properties Inc INN.N, INN is expected to show a fall in quarterly revenue when it reports  results on April 30 for the period ending March 31 2025

The Austin Texas-based  company is expected to report a 2.2% decrease in revenue to $184.036 million from $188.14 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Summit Hotel Properties Inc is for a loss of 2 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "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 $6.75​, above​ its last closing price of $3.98. ​​​

This summary was machine generated April 28 at 20:20 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)