Free Trial

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

Summit Hotel Properties logo
$6.82 +0.13 (+1.94%)
(As of 12/20/2024 05:31 PM ET)

Summit Hotel Properties Latest Earnings Summary

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 analysts' expectations of $176.24 million. With a trailing EPS of $0.01 and a P/E Ratio of 682.00, Summit Hotel Properties' earnings are expected to decrease -1.12% next year, from $0.89 to $0.88 per share.

Get Summit Hotel Properties Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Summit Hotel Properties and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

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
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 (NYSE:INN) last announced its quarterly earning data on Monday, November 4, 2024. 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 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 $736.29 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 682.00 and a forward price-to-earnings ratio of 7.66.

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.

More Earnings Resources from MarketBeat



This page (NYSE:INN) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners