Summit Hotel Properties Inc expected to post a loss of 6  cents a share - Earnings Preview

Summit Hotel Properties

30/04/2022 01:35

* Summit Hotel Properties Inc  INN.N   INN  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Austin Texas-based  company is expected to report  a
124.3% increase in revenue to $129.751 million from $57.85
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 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Summit
Hotel
Properties Inc is $12​, above​ its last closing price of $9.87.
​​​

This summary was machine generated April 30 at 00:35 GMT.  All
figures in US dollars  unless otherwise stated