Summit Hotel Properties Inc expected to post a loss of 10 cents a share - Earnings Preview

Reuters
22 Feb
<a href="https://laohu8.com/S/INN">Summit Hotel Properties</a> Inc <inn.n> expected to post a loss of 10 cents a share - Earnings Preview </inn.n>
  • Summit Hotel Properties Inc INN.N, INN is expected to show a fall in quarterly revenue when it reports results on February 24 for the period ending December 31 2024

  • The Austin Texas-based company is expected to report a 3.0% decrease in revenue to $172.08 million from $177.44 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data. (SAL represents Total Revenue)

  • ​LSEG's mean analyst estimate for Summit Hotel Properties Inc is for a loss of 10 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Summit Hotel Properties Inc is $7.75​, above​ its last closing price of $6.32. ​​​

This summary was machine generated February 21 at 22:12 GMT. 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)

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