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

Sunstone Hotel Investors Inc SHO.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of five analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -2 cents to 9 cents per share.

Revenue rose 7.8% to $234.07 million from a year ago; analysts expected $240.95 million.

Sunstone Hotel Investors Inc's reported EPS for the quarter was 1 cent​.

The company reported quarterly net income of $1.32 million.

Sunstone Hotel Investors Inc shares had fallen by 8.8% this quarter and lost 27.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 16.3% in the last three months.​

In the last 30 days, two analysts negatively revised 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

This summary was machine generated from LSEG data May 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
Mar. 31 20250.180.21Beat
Dec. 31 20240.140.16Beat
Sep. 30 20240.190.18Missed
Jun. 30 20240.270.28Beat

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