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

Summit Hotel Properties

30/07/2022 01:09

* Summit Hotel Properties Inc  INN.N   INN  is expected
to show a
rise in quarterly revenue when it reports  results on August 2. 
    * The Austin Texas-based  company is expected to report  a
107.0% increase in revenue to $179.144 million from $86.52
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 6 cents per share. For the same quarter
last year, the company reported a loss of 21 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 $11.5​, above​ its last closing price
of $7.85. ​​​

This summary was machine generated July 30 at 00:09 GMT.  All
figures in US dollars  unless otherwise stated