Picture of Sunstone Hotel Investors logo

SHO — Sunstone Hotel Investors News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedMid CapSuper Stock

Sunstone Hotel Investors Inc reports results for the quarter ended June 30 - Earnings Summary

Sunstone Hotel Investors Inc SHO.N reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 11 cents.  The mean expectation of five analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 7 cents to 11 cents per share.

Revenue rose 5% to $259.77 million from a year ago; analysts expected $257.32 million.

Sunstone Hotel Investors Inc's reported EPS for the quarter was 3 cents​.

The company reported quarterly net income of $6.84 million.

Sunstone Hotel Investors Inc shares had risen by 1.0% this quarter and lost 25.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.9% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Sunstone Hotel Investors Inc is $10.00, about 12.3% above its last closing price of $8.77

This summary was machine generated from LSEG data August 6 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.280.28Met
Mar. 31 20250.180.21Beat
Dec. 31 20240.140.16Beat
Sep. 30 20240.190.18Missed

Recent news on Sunstone Hotel Investors

See all news