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

Sunstone Hotel Investors

08/11/2022 14:32

* Sunstone Hotel Investors Inc  SHO.N  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 7 cents per share.
    * Revenue rose 45.9% to $244.31 million from a year ago;
analysts
expected $232.63 million. 
    * Sunstone Hotel Investors Inc's reported EPS for the
quarter was
8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Sunstone Hotel Investors Inc shares had risen by 10.3%
this
quarter and lost 11.4% so far this year.
    * The company reported quarterly net income of $17.14
million.
    * Wall Street's median 12-month price target for Sunstone
Hotel
Investors Inc is $11.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 9
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.22           0.23           Beat
 Jun. 30 2022      0.23           0.30           Beat
 Mar. 31 2022      0.06           0.08           Beat
 Dec. 31 2021      0.10           0.08           Missed