Summit Hotel Properties Inc reports results for the quarter ended June 30 - Earnings Summary

Summit Hotel Properties

06/08/2026 03:44

Summit Hotel Properties Inc INN.N reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -2 cents.  The mean expectation of three analysts for the quarter was for breakeven results per share. 
Revenue rose 3.2% to $199.02 million from a year ago; analysts expected $198.41 million. 
Summit Hotel Properties Inc's reported EPS for the quarter was 4 cents​.
The company reported quarterly net income of $3.87 million.
Summit Hotel Properties Inc shares had fallen by 1.7% this quarter and gained 41.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.1% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the specialized reits peer group is  "buy."
Wall Street's median 12-month price target for Summit Hotel Properties Inc is $6.25, about 9.1% below its last closing price of $6.82
This summary was machine generated from LSEG data August 6 at 02:44 a.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.27
0.29
Beat
Mar. 31 2026 
0.18
0.21
Beat
Dec. 31 2025 
0.17
0.18
Beat
Sep. 30 2025 
0.17
0.17
Met