Summit Hotel Properties Inc reports results for the quarter ended in December - Earnings Summary

Summit Hotel Properties

24/02/2022 11:45

* Summit Hotel Properties Inc  INN.N  reported a quarterly
adjusted loss of 15 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for a loss of 10 cents per share.
    * Revenue rose 121.6% to $106.86 million from a year ago; 
analysts expected $105.95 million. 
    * Summit Hotel Properties Inc's reported EPS for the quarter
was a
loss of 15 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Summit Hotel Properties Inc shares had fallen by 0.2% this
quarter.
    * The company reported a quarterly loss of $15.28 million.
    * Wall Street's median 12-month price target for Summit
Hotel
Properties Inc is $12.00 
    * 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." 

This summary was machine generated February 24 at 11:45 a.m.
 ​All figures in US dollars unless otherwise stated