Sunstone Hotel Investors Inc expected to post earnings of 10 cents a share - Earnings Preview

Sunstone Hotel Investors

05/08/2024 16:43

* Sunstone Hotel Investors Inc  SHO.N   SHO  is expected
to show a
fall in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Aliso Viejo California-based  company is expected to
report
a 9.6% decrease in revenue to $249.657 million from $276.11
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Sunstone Hotel Investors
Inc
is for earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 3 "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 Sunstone
Hotel
Investors Inc is $11.50​, above​ its last closing price
of $9.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.17        0.17       0.18      Beat    8.6
 Dec. 31 0001  0.17        0.17       0.19      Beat    14.9
 Sep. 30 2023  0.20        0.20       0.23      Beat    15.4​
 Jun. 30 2023  0.30        0.30       0.33      Beat    9
 ​​Mar.        0.17        0.17       0.21      Beat    21.7
 31 2023                                                
 Dec. 31 2022  0.19        0.19       0.22      Beat    14​
 Sep. 30 2022  0.22        0.22       0.23      Beat    2.7
 Jun. 30 2022  0.24        0.23       0.30      Beat    31.5
 This summary was machine generated August 5 at 15:43 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)