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Summit Hotel Properties

4.06

-0.0050-0.12%

Volume:826.33K

Turnover:3.33M

Market Cap:451.65M

PE:18.41

High:4.11

Open:4.03

Low:3.94

Close:4.06

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Overview Company News Filings

Press Release: SELLAS Life Sciences Reports Full Year 2024 Financial Results and Provides Corporate Update

LGVN Announces Positive Alzheimer’s News

Zacks Small Cap Research

INN or NHI: Which Is the Better Value Stock Right Now?

Longeveron® Announces Nature Medicine Publication of Results of Phase 2a Clinical Trial Evaluating Laromestrocel (Lomecel-B™) in Alzheimer’s Disease

Innocan Pharma Announces Closing of Debenture Unit Offering to its Largest Shareholder, Tamar Innovest Limited

Chemomab Therapeutics Announces Year End and Fourth Quarter 2024 Financial Results and Provides a Corporate Update

LGVN Well Positioned for Critical 2025

Zacks Small Cap Research

Longeveron® Announces Full-Year 2024 Financial Results and Provides Business Update

Press Release: Longeveron(R) Announces Full-Year 2024 Financial Results and Provides Business Update

Innocan Pharma Announces Private Placement Offering of a Debenture Unit to its Largest Shareholder, Tamar Innovest

INN vs. GLPI: Which Stock Is the Better Value Option?

Should Value Investors Buy Summit Hotel Properties (INN) Stock?

Summit Hotel Properties Inc (INN) Q4 2024 Earnings Call Highlights: Strong AFFO Growth and ...

Q4 2024 Summit Hotel Properties Inc Earnings Call

Thomson Reuters StreetEvents

Summit Hotel Properties Reports Strong 2024 Results

Stock Track | Summit Hotel Properties Plunges 8.36% in Pre-market on Disappointing Q4 Results and Outlook

Summit Hotel Properties Inc reports results for the quarter ended December 31 - Earnings Summary

Summit Hotel Properties (INN) Q4 FFO and Revenues Beat Estimates

Summit Hotel Properties: Q4 Earnings Snapshot

Associated Press Finance

Summit Hotel Properties Q4 AFFO per common share $0.20, Inline, Sales $172.93M Beat $172.08M Estimate

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The Debenture is secured by a general security agreement and related security interest filed under the laws of the Province of Alberta as well as pledge of Innocan's shares of its Israeli subsidiary, Innocan Pharma Ltd.Innocan intends to use the proceeds of the Offering for working capital and gen","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-announces-closing-debenture-210000909.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN","BK4218","BK4181"],"gpt_icon":0},{"id":"2516635884","title":"Chemomab Therapeutics Announces Year End and Fourth Quarter 2024 Financial Results and Provides a Corporate Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2516635884","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516635884?lang=en_us&edition=fundamental","pubTime":"2025-03-03 21:00","pubTimestamp":1741006800,"startTime":"0","endTime":"0","summary":"─Completed Successful FDA End-of-Phase 2 Meeting Following Positive Nebokitug Phase 2 SPRING Trial Results in Primary Sclerosing Cholangitis (PSC)─ ─Achieved Alignment with FDA on Clear and Efficient ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/03/03/3035549/0/en/Chemomab-Therapeutics-Announces-Year-End-and-Fourth-Quarter-2024-Financial-Results-and-Provides-a-Corporate-Update.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LENZ","LU0566484027.USD","BK4585","INN","LU1242518931.SGD","BK4588","LU0979878070.USD","LU1559883803.SGD","BK4181","BK4183","ELF","BK4218","BK4139","PSC","LU0053671581.USD","LU1242518857.USD"],"gpt_icon":0},{"id":"2516563616","title":"LGVN Well Positioned for Critical 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2516563616","media":"Zacks Small Cap Research","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516563616?lang=en_us&edition=fundamental","pubTime":"2025-03-03 19:50","pubTimestamp":1741002600,"startTime":"0","endTime":"0","summary":"Longeveron  is a company that should be getting more attention from investors and the just released annual results again proved that point. LGVN has made substantial progress with its signature treatment, Lomecel-B, in treating both HLHS and Alzheimer's Disease and we suggest investors take a look at this stock before more good news comes out—such as what happened recently. The company announced that Lomecel-B has been granted an International Non-proprietary Name  of “laromestrocel” on the INN List issued by the World Health Organization. This is an important step in the commercialization potential of Lomecel-B and follows the therapy being the first cellular therapeutic candidate to receive U.S. FDA Regenerative Medicine Advanced Therapy  designation for Alzheimer’s disease.To assess long-term survival benefits, all ELPIS I patients  wer","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lgvn-well-positioned-critical-2025-115000011.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4183","LGVN","INN","BK4157","BK4139","BK4218","BK4181","MACE"],"gpt_icon":0},{"id":"2516301611","title":"Longeveron® Announces Full-Year 2024 Financial Results and Provides Business Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2516301611","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516301611?lang=en_us&edition=fundamental","pubTime":"2025-03-01 05:04","pubTimestamp":1740776640,"startTime":"0","endTime":"0","summary":"Wa'el Hashad, Chief Executive Officer, Longeveron Inc.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/02/28/3035041/0/en/Longeveron-Announces-Full-Year-2024-Financial-Results-and-Provides-Business-Update.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MSC","BK4181","BK4150","BK4575","BK4139","LGVN","INN","BK4218"],"gpt_icon":0},{"id":"2516011733","title":"Press Release: Longeveron(R) Announces Full-Year 2024 Financial Results and Provides Business Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2516011733","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516011733?lang=en_us&edition=fundamental","pubTime":"2025-03-01 05:04","pubTimestamp":1740776640,"startTime":"0","endTime":"0","summary":"a rare pediatric disease and orphan-designated indication, has achieved. more than 90% enrollment and is expected to complete enrollment in the. -- Lomecel-B Biological License Application  submission for full. traditional approval anticipated in 2026, if ELPIS II is successful. -- FDA meeting anticipated late in first quarter of 2025 to discuss possible. development paths for Lomecel-B in mild Alzheimer's disease. -- WHO International Nonproprietary Names  Expert Committee approved. -- Total Revenue for 2024 increased 237% year-over-year to $2.4 million,primarily due to the successful initiation of contract manufacturing. services and increased participant demand for the Bahamas Registry Trial. MIAMI, Feb. 28, 2025  -- Longeveron Inc. , a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, today reported financial results for the full-year ended December 31, 2024 and provided a business upd","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4218","INN","BK4585","BK4232","BK4181","BK4022","BK4555","BK4588","LGVN","03160","R","BK4604","TM","BK4099","BK4139"],"gpt_icon":0},{"id":"2514816330","title":"Innocan Pharma Announces Private Placement Offering of a Debenture Unit to its Largest Shareholder, Tamar Innovest","url":"https://stock-news.laohu8.com/highlight/detail?id=2514816330","media":"CNW Group","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514816330?lang=en_us&edition=fundamental","pubTime":"2025-02-28 05:00","pubTimestamp":1740690000,"startTime":"0","endTime":"0","summary":"HERZLIYA, Israel and CALGARY, AB, Feb. 27, 2025 /CNW/ -- Innocan Pharma Corporation     is pleased to announce that it intends to complete an offering of a debenture unit of the Company  to its largest shareholder, Tamar Innovest Ltd.  for gross proceeds of US $1,000,000 .The Debenture Unit consists of:  one secured convertible debenture of Innocan in the principal amount of US $1,000,000  and  5,555,555 common share purchase warrants .The Debenture matures two  years from the date of issuance , will bear interest at the rate of 10% per annum and is convertible into common shares of Innocan  prior to the Maturity Date at a price of $0.21 per share . The Debenture will be secured by a general security agreement and related security interest filed under the laws of the Province of Alberta as well as pledge of Innocan's shares of its Israeli subsidiary, Innocan Pharma Ltd.The Offering is expected to close on or around March 6, 2025. Innocan intends to use the proceeds of the Offering for ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/innocan-pharma-announces-private-placement-210000830.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN","BK4181","BK4218"],"gpt_icon":0},{"id":"2514786528","title":"INN vs. GLPI: Which Stock Is the Better Value Option?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514786528","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514786528?lang=en_us&edition=fundamental","pubTime":"2025-02-27 00:40","pubTimestamp":1740588015,"startTime":"0","endTime":"0","summary":"Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Summit Hotel Properties  and Gaming and Leisure Properties . But which of these two stocks presents investors with the better value opportunity right now?Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.Summit Hotel Properties and Gaming and Leisure Properties are both sporting a Zacks Rank of # 2  right now. Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. However, value investors will care about much more than just this.Gaming and L","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/inn-vs-glpi-stock-better-164015380.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GLPI","INN","BK4218","BK4084","BK4234","BK4181"],"gpt_icon":0},{"id":"2514852448","title":"Should Value Investors Buy Summit Hotel Properties (INN) Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514852448","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514852448?lang=en_us&edition=fundamental","pubTime":"2025-02-26 22:40","pubTimestamp":1740580817,"startTime":"0","endTime":"0","summary":"Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.One company to watch right now is Summit Hotel Properties . INN is currently sporting a Zacks Rank of #2  and an A for Value. The stock is trading with P/E ratio of 6.72 right now. For comparison, its industry sports an average P/E of 15.19. Over the past year, INN's Forward P/E has been as high as 7.90 and as low as 6.04, with a median of 6.88.Investors will also notice that INN has a PEG ratio of 1.43. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. INN's industry has an average PEG of 2.26 right now. Over the last 12 months,","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/value-investors-buy-summit-hotel-144017176.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4218","ISBC","INN","BK4181","BK4211"],"gpt_icon":0},{"id":"2514300161","title":"Summit Hotel Properties Inc (INN) Q4 2024 Earnings Call Highlights: Strong AFFO Growth and ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2514300161","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514300161?lang=en_us&edition=fundamental","pubTime":"2025-02-26 15:08","pubTimestamp":1740553707,"startTime":"0","endTime":"0","summary":"AFFO per Share Growth: Nearly 6% for the full year 2024.Pro Forma RevPAR Growth: Increased 1.8% for the year.RevPAR Growth in Key Markets: Over 13% in five markets, driving a 35% increase in hotel EBITDA.Acquisition Activity: Acquired Hampton Inn Boston-Logan Airport and Hilton Garden Inn Tysons Corner for $96 million.Joint Venture Portfolio RevPAR Growth: Nearly 3%, driving 5% hotel EBITDA growth in 2024.Adjusted EBITDA: $192.2 million for the full year 2024.Adjusted FFO: $119.2 million for the full year 2024, an increase of nearly 6% versus 2023.AFFO per Share: Increased to $0.96 in 2024 from $0.92 in 2023.Fourth Quarter Pro Forma RevPAR Increase: 1.4% year-over-year.Fourth Quarter Adjusted FFO: $25.2 million or $0.20 per share.Capital Expenditures: $89.3 million on a consolidated basis for the full year 2024.Dividend Yield: Approximately 5% based on an annualized dividend of $0.32 per share.GuruFocus has detected 8 Warning Signs with INN.Pro forma Hotel EBITDA increased by 2% year-o","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-inc-inn-070827952.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN"],"gpt_icon":0},{"id":"2514005426","title":"Q4 2024 Summit Hotel Properties Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2514005426","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514005426?lang=en_us&edition=fundamental","pubTime":"2025-02-26 14:42","pubTimestamp":1740552147,"startTime":"0","endTime":"0","summary":"Kevin Milota; Senior Vice President of Corporate Finance; Summit Hotel Properties Inc. Jonathan Stanner; President, Chief Executive Officer, Director; Summit Hotel Properties Inc. William Conkling; Chief Financial Officer, Executive Vice President; Summit Hotel Properties Inc. Michael Bellisario; Analyst; Robert W. Baird & Co.Welcome to the Summit Hotel Properties 2024 fourth-quarter and full-year earnings conference call. I will now be passing the line to Kevin Milota, Senior Vice President of Corporate Finance.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q4-2024-summit-hotel-properties-064227655.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN"],"gpt_icon":0},{"id":"2514074599","title":"Summit Hotel Properties Reports Strong 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2514074599","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514074599?lang=en_us&edition=fundamental","pubTime":"2025-02-26 12:19","pubTimestamp":1740543585,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties ( ($INN) ) has released its Q4 earnings. Here is a breakdown of the information Summit Hotel Properties presented to its in...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/summit-hotel-properties-reports-strong-2024-results?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/summit-hotel-properties-reports-strong-2024-results?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4181","INN","BK4218"],"gpt_icon":0},{"id":"1167126304","title":"Stock Track | Summit Hotel Properties Plunges 8.36% in Pre-market on Disappointing Q4 Results and Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1167126304","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1167126304?lang=en_us&edition=fundamental","pubTime":"2025-02-25 17:28","pubTimestamp":1740475729,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties  stock plummeted 8.36% in the pre-market session on Tuesday, following the release of its fourth-quarter 2024 results and full-year 2025 outlook after the market close on Monday.The hotel real estate investment trust  reported adjusted funds from operations  per share of $0.20 for Q4 2024, in line with estimates, but down from $0.22 in the prior-year quarter. For the full year 2024, AFFO per share grew 5.6% to $0.96, driven by revenue gains and effective cost management.H","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["INN"],"gpt_icon":0},{"id":"2514700960","title":"Summit Hotel Properties Inc reports results for the quarter ended December 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2514700960","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514700960?lang=en_us&edition=fundamental","pubTime":"2025-02-25 07:33","pubTimestamp":1740440037,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties Inc reports results for the quarter ended December 31 - Earnings SummarySummit Hotel Properties Inc INN.N reported quarterly adjusted earnings of 1 cent per share for the quart","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250224:nL5N3PF2NY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INN"],"gpt_icon":0},{"id":"2514555089","title":"Summit Hotel Properties (INN) Q4 FFO and Revenues Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2514555089","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514555089?lang=en_us&edition=fundamental","pubTime":"2025-02-25 07:20","pubTimestamp":1740439204,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties  came out with quarterly funds from operations  of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to FFO of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 5.26%. A quarter ago, it was expected that this real estate investment trust specializing in higher end hotels would post FFO of $0.20 per share when it actually produced FFO of $0.22, delivering a surprise of 10%.Over the last four quarters, the company has surpassed consensus FFO estimates four times.Summit Hotel Properties , which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $172.93 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.01%. This compares to year-ago revenues of $177.44 million. The company has topped consensus revenue estimates four times over the last four quarters.Investors should be mindful of t","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-inn-q4-232004679.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ALEX","INN"],"gpt_icon":0},{"id":"2514702993","title":"Summit Hotel Properties: Q4 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2514702993","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514702993?lang=en_us&edition=fundamental","pubTime":"2025-02-25 06:30","pubTimestamp":1740436216,"startTime":"0","endTime":"0","summary":"AUSTIN, Texas  — AUSTIN, Texas  — Summit Hotel Properties Inc.  on Monday reported a key measure of profitability in its fourth quarter. The results topped Wall Street expectations.The Austin, Texas-based real estate investment trust said it had funds from operations of $25.2 million, or 20 cents per share, in the period.The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 19 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $680,000, or 1 cent per share.The real estate investment trust specializing in higher end hotels, based in Austin, Texas, posted revenue of $172.9 million in the period.For the year, the company reported funds from operations of $119.2 million. Revenue was reported as $731.8 million.Summit Hotel Properties expects full-year funds from operations in the rang","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/summit-hotel-properties-q4-earnings-223016157.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["INN"],"gpt_icon":0},{"id":"2514709606","title":"Summit Hotel Properties Q4 AFFO per common share $0.20, Inline, Sales $172.93M Beat $172.08M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2514709606","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514709606?lang=en_us&edition=fundamental","pubTime":"2025-02-25 05:36","pubTimestamp":1740432982,"startTime":"0","endTime":"0","summary":"Summit Hotel Properties (NYSE:INN) reported quarterly earnings of $0.20 per share which met the analyst consensus estimate. This is a 9.09 percent decrease over earnings of $0.22 per share from the same period last year.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/43927221/summit-hotel-properties-q4-affo-per-common-share-0-20-inline-sales-172-93m-beat-172-08m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Summit Hotel Properties Q4 AFFO per common share $0.20, Inline, Sales $172.93M Beat $172.08M 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