Sunstone Hotel Investors Inc reports results for the quarter ended December 31 - Earnings Summary

Sunstone Hotel Investors

21/02/2025 14:31

* Sunstone Hotel Investors Inc  SHO.N  reported a quarterly
adjusted loss of 2 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported breakeven earnings per share.  The mean
expectation of five analysts for the quarter was for a loss of 3
cents per share. Wall Street expected results to range from -5
cents to -1 cents per share.
    * Revenue fell 2% to $214.77 million from a year ago;
analysts
expected $211.17 million. 
    * Sunstone Hotel Investors Inc's reported EPS for the
quarter was
a loss of 2 cents​.
    * The company reported a quarterly loss of $3.1 million.
    * Sunstone Hotel Investors Inc shares had fallen by 4.6%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Sunstone Hotel
Investors Inc is $12.00 
This summary was machine generated from LSEG data February 21 at
02:30 p.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
 Dec. 31 2024      0.14           0.16           Beat
 Sep. 30 2024      0.19           0.18           Missed
 Jun. 30 2024      0.27           0.28           Beat
 Mar. 31 2024      0.17           0.18           Beat