Summit Hotel Properties Inc expected to post breakeven results a share - Earnings Preview

Summit Hotel Properties

01/08/2025 21:34

Summit Hotel Properties Inc INN.N, INN is expected to  show a rise in quarterly revenue when it reports  results on August 5 for the period ending June 30 2025

The Austin Texas-based  company is expected to report a 0.6% increase in revenue to $195.061 million from $193.9 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 breakeven results per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "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 $6.38, about 18.1% above its last closing price of $5.22

This summary was machine generated August 1 at 20:34 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)