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

Sunstone Hotel Investors

22/02/2023 19:29

* Sunstone Hotel Investors Inc  SHO.N  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 2 cents per share.
    * Revenue rose 40.4% to $244.14 million from a year ago;
analysts
expected $227.51 million. 
    * Sunstone Hotel Investors Inc's reported EPS for the
quarter was
7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Sunstone Hotel Investors Inc shares had risen by 4.9% this
quarter.
    * The company reported quarterly net income of $14.11
million.
    * Wall Street's median 12-month price target for Sunstone
Hotel
Investors Inc is $11.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 8
"hold" and 5 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 07:29 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.19           0.22           Beat
 Sep. 30 2022      0.22           0.23           Beat
 Jun. 30 2022      0.23           0.30           Beat
 Mar. 31 2022      0.06           0.08           Beat