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Summit Hotel Properties (INN) Earnings Date, Estimates & Call Transcripts

Summit Hotel Properties logo
$6.98 +0.41 (+6.24%)
(As of 12/3/2024 ET)

Summit Hotel Properties Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 26Estimated
Actual EPS
(Nov. 4)
-$0.04 Missed By -$0.22
Consensus EPS
(Nov. 4)
$0.18

Summit Hotel Properties issued Q3 2024 earnings on November 4, 2024, reporting an EPS of -$0.04, which missed the consensus estimate of $0.18 by $0.22. Quarterly revenue was reported to be $176.81 million, above the consensus estimate of $176.24 million. With a trailing EPS of $0.01 and a P/E Ratio of 698.00, Summit Hotel Properties' earnings are expected to decrease -1.12% next year, from $0.89 to $0.88 per share.

INN Upcoming Earnings

Summit Hotel Properties' next earnings date is estimated for Wednesday, February 26, 2025, based off prior year's reporting schedules.

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INN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

INN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Summit Hotel Properties Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.29$0.29$0.29 
Q2 20241$0.38$0.38$0.38 

Summit Hotel Properties Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
2/26/2025
(Estimated)
-------
11/4/2024Q3 2024$0.18-$0.04 -$0.22-$0.04$176.24M$176.81M
7/29/2024Q2 2024$0.25$0.23 -$0.02$0.23$191.05M$193.90M
5/1/2024Q1 2024$0.18-$0.02 -$0.20-$0.02$181.40M$188.14M
5/3/2023Q1 2023$0.19-$0.05 -$0.24-$0.05$177.56M$182.38M

Summit Hotel Properties Earnings - Frequently Asked Questions

Summit Hotel Properties has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, February 26th, 2025 based off last year's report dates. Learn more on INN's earnings history.

Summit Hotel Properties issued an update on its FY 2024 earnings guidance on Monday, November, 4th. The company provided earnings per share (EPS) guidance of 0.920-0.980 for the period, compared to the consensus estimate of 0.940. The company issued revenue guidance of -.

In the previous quarter, Summit Hotel Properties (NYSE:INN) missed the analysts' consensus estimate of $0.18 by $0.22 with a reported earnings per share (EPS) of ($0.04). Learn more on analysts' earnings estimate vs. INN's actual earnings.

The conference call for Summit Hotel Properties's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Summit Hotel Properties's latest earnings report can be read online.
Read Transcript

Summit Hotel Properties's earnings report can be found in their filing with the SEC.
View SEC filing

Summit Hotel Properties (NYSE:INN) has a recorded annual revenue of $736.13 million.

Summit Hotel Properties (NYSE:INN) has a recorded net income of -$12.11 million. INN has generated $0.01 earnings per share over the last four quarters.

Summit Hotel Properties (NYSE:INN) has a trailing price-to-earnings ratio of 698.00 and a forward price-to-earnings ratio of 7.84.

Summit Hotel Properties's earnings are expected to decrease from $0.89 per share to $0.88 per share in the next year, which is a -1.12% change.

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This page (NYSE:INN) was last updated on 12/4/2024 by MarketBeat.com Staff
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