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

• Sunstone Hotel Investors Inc SHO.N reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of five analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -5 cents to -1 cents per share.

• Revenue fell 2% to $214.77 million from a year ago; analysts expected $211.17 million.

• Sunstone Hotel Investors Inc's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $3.1 million.

• Sunstone Hotel Investors Inc shares had fallen by 4.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "hold"

Wall Street's median 12-month price target for Sunstone Hotel Investors Inc is $12.00

This summary was machine generated from LSEG data February 21 at 02:30 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)