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INN — Summit Hotel Properties News Story

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

Summit Hotel Properties Inc <INN.N> expected to post breakeven results a share - Earnings Preview 
  • 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 2026

  • The Austin Texas-based company is expected to report a 2.8% increase in revenue to $198.409 million from $192.92 million a year ago, according to the mean estimate from 4 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," 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 $6.25, about 9.2% below its last closing price of $6.88

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2026

0.18

0.18

0.21

Beat

18.5

Dec. 31 2026

0.16

0.17

0.18

Beat

5.2

Sep. 30 2025

0.17

0.17

0.17

Met

0.6​

Jun. 30 2025

0.27

0.26

0.27

Beat

2.3

​​Mar. 31 2025

0.20

0.21

0.22

Beat

6.8

Dec. 31 2024

0.20

0.20

0.20

Met

1​

Sep. 30 2024

0.20

0.20

0.22

Beat

7.8

Jun. 30 2024

0.26

0.27

0.29

Beat

9

This summary was machine generated August 3 at 21:17 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)

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