Sunstone Hotel Investors Inc (SHO, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $230.15 million, and the earnings are expected to come in at $0.02 per share. The full year 2024's revenue is expected to be $921.10 million and the earnings are expected to be $0.23 per share. More detailed estimate data can be found on the Forecast page.
Sunstone Hotel Investors Inc (SHO, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Sunstone Hotel Investors Inc (SHO) for the full year 2024 have declined from $943.48 million to $921.10 million. For 2025, the estimates have decreased from $1.00 billion to $981.03 million. Similarly, earnings estimates for 2024 have been revised downward from $0.26 per share to $0.23 per share, and for 2025, from $0.30 per share to $0.29 per share.
Sunstone Hotel Investors Inc (SHO, Financial) Reported History
In the previous quarter of June 30, 2024, Sunstone Hotel Investors Inc's (SHO) actual revenue was $247.48 million, which missed analysts' revenue expectations of $249.66 million by -0.87%. Sunstone Hotel Investors Inc's (SHO) actual earnings were $0.11 per share, which beat analysts' earnings expectations of $0.09 per share by 22.22%. After releasing the results, Sunstone Hotel Investors Inc (SHO) was down by -2.07% in one day.
Sunstone Hotel Investors Inc (SHO, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 11 analysts, the average target price for Sunstone Hotel Investors Inc (SHO) is $11.14 with a high estimate of $12 and a low estimate of $10. The average target implies an upside of 3.02% from the current price of $10.81.
Based on GuruFocus estimates, the estimated GF Value for Sunstone Hotel Investors Inc (SHO, Financial) in one year is $11.79, suggesting an upside of 9.07% from the current price of $10.81.
Based on the consensus recommendation from 12 brokerage firms, Sunstone Hotel Investors Inc's (SHO, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a strong buy, and 5 denotes a sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
