Sunstone Hotel Investors Inc reports results for the quarter ended June 30 - Earnings Summary
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 14 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of six analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 8 cents to 12 cents per share.
Revenue rose 6.7% to $277.11 million from a year ago; analysts expected $268.28 million.
Sunstone Hotel Investors Inc's reported EPS for the quarter was 14 cents.
The company reported quarterly net income of $25.98 million.
Sunstone Hotel Investors Inc shares had risen by 2.0% this quarter and gained 30.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.2% 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 "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for Sunstone Hotel Investors Inc is $12.00, about 2.7% above its last closing price of $11.68
This summary was machine generated from LSEG data August 6 at 02:16 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 |
Jun. 30 2026 | 0.29 | 0.32 | Beat |
Mar. 31 2026 | 0.22 | 0.27 | Beat |
Dec. 31 2025 | 0.18 | 0.20 | Beat |
Sep. 30 2025 | 0.18 | 0.17 | Missed |
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