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

Summit Hotel Properties

24/02/2023 23:40

* Summit Hotel Properties Inc  INN.N   INN  is expected
to show a
rise in quarterly revenue when it reports  results on February
27. 
    * The Austin Texas-based  company is expected to report  a
58.3% increase in revenue to $169.174 million from $106.86
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv'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," 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 $9.25​, above​ its last closing price
of $7.90. ​​​

This summary was machine generated February 24 at 23:40 GMT. 
All figures in US dollars  unless otherwise stated