Sunstone Hotel Investors, Inc. ( SHO ) is a hotel REIT. The company owns 15 hotel and resorts, properties which fall in the high end segment of the market. The REIT comes with a $1.7 billion common equityWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatili ...

Financial Performance - Total revenues for Q1 2025 were $234.1 million, an increase of $16.9 million or 7.8% compared to Q1 2024[108]. - Net income for Q1 2025 was $5.3 million, a decrease of $7.8 million or 59.7% compared to Q1 2024[108]. - Income attributable to common stockholders was $1.3 million in Q1 2025, down $8.0 million or 85.8% from Q1 2024[108]. - Adjusted EBITDAre increased by $2.7 million, or 5.0%, in Q1 2025 compared to Q1 2024, reaching $57.3 million[138]. - FFO attributable to common stockholders decreased to $33.2 million in Q1 2025 from $37.7 million in Q1 2024[144]. - Adjusted FFO attributable to common stockholders increased by $4.0 million, or 10.6%, in Q1 2025 compared to Q1 2024, totaling $41.5 million[144]. Revenue Breakdown - Room revenue increased by $9.1 million, or 6.7%, in Q1 2025, primarily due to the acquisition of the Hyatt Regency San Antonio Riverwalk, which contributed $7.7 million[109]. - Food and beverage revenue increased by $5.8 million, or 9.4%, compared to the first quarter of 2024[113]. - Other operating revenue rose by $2.0 million, or 10.0%, in the first quarter of 2025 compared to the same period in 2024[114]. - Room revenue for the Comparable Portfolio increased by $1.3 million, with occupancy up 70 basis points and average daily room rate up 1.0%, resulting in a 2.0% increase in RevPAR[111]. Operating Expenses - Total operating expenses for Q1 2025 were $217.6 million, an increase of $17.7 million or 8.8% compared to Q1 2024[108]. - Hotel operating expenses increased by $11.0 million, or 8.1%, primarily due to the acquisition of the Hyatt Regency San Antonio Riverwalk, which added $6.8 million in expenses[114]. - Corporate overhead expenses increased by $1.4 million, or 18.4%, in Q1 2025 compared to Q1 2024[108]. - Depreciation and amortization expenses rose by $3.2 million, or 11.1%, in Q1 2025 compared to the same period in 2024[108]. - Interest expense increased by $1.7 million, or 15.2%, in Q1 2025 compared to Q1 2024[108]. Cash Flow and Investments - Net cash provided by operating activities was $32.0 million in Q1 2025, down from $38.5 million in Q1 2024[148]. - Net cash used in investing activities was $28.1 million in Q1 2025, compared to $27.7 million in Q1 2024[149]. - Net cash used in financing activities increased to $35.4 million in Q1 2025 from $33.5 million in Q1 2024[151]. - The company invested $28.2 million for renovations and additions to its portfolio in Q1 2025[149]. - The company invested $28.2 million in capital expenditures during the first three months of 2025, compared to $27.7 million in the same period of 2024[163]. Debt and Financial Position - As of March 31, 2025, the company had an unrestricted cash balance of $72.3 million and total assets of $3.1 billion[156][157]. - The company's total debt was $845.0 million, with $148.8 million in cash and cash equivalents[157]. - 52.7% of the company's outstanding debt had fixed interest rates or had been swapped to fixed rates, mitigating interest rate risks[158][173]. - Contractual obligations totaled $1,005.7 million as of March 31, 2025, with $167.4 million due within one year[161]. - The company has $51.3 million in contractual construction commitments for ongoing renovations as of March 31, 2025[163]. Future Outlook and Risks - The company expects future cash sources to include operating activities, working capital, and debt issuances, but acknowledges potential challenges due to inflation and interest rates[153]. - The company may seek to obtain mortgages on its 15 unencumbered hotels, which could affect available capital through credit facilities[160]. - The company relies on hotel operators to adjust room rates to reflect inflation, but competitive pressures may limit this ability[165]. - If variable interest rates increase or decrease by 50 basis points, the annual interest expense would change by approximately $2.0 million[173]. - The company entered into an interest rate swap fixing the SOFR rate at 4.02% for Term Loan 4, effective January 31, 2025[158].

Sunstone Hotel Investors (SHO) Q1 2025 Earnings Call May 06, 2025 10:30 AM ET Company Participants Aaron Reyes - CFO & Executive VPBryan Giglia - CEO & DirectorRobert Springer - President & Chief Investment OfficerDavid Katz - Managing DirectorDany Asad - DirectorDuane Pfennigwerth - Senior Managing DirectorMichael Bellisario - Managing DirectorSmedes Rose - Director Conference Call Participants Chris Woronka - Analyst Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to th ...

For the quarter ended March 2025, Sunstone Hotel Investors (SHO) reported revenue of $234.07 million, up 7.8% over the same period last year. EPS came in at $0.21, compared to $0.05 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $237.58 million, representing a surprise of -1.48%. The company delivered an EPS surprise of +16.67%, with the consensus EPS estimate being $0.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...

Sunstone Hotel Investors (SHO) Q1 2025 Earnings Call May 06, 2025 10:30 AM ET Speaker0 Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Sunstone Hotel Investors First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session and instructions will be given at that time. I would like to remind everyone that this conference is being recorded today, 05/06/2025, at 10:30 a. M. Eastern T ...

Exhibit 99.2 Supplemental Financial Information For the quarter ended March 31, 2025 May 6, 2025 Supplemental Financial Information May 6, 2025 Table of Contents | Corporate Profile And Disclosures Regarding Non-GAAP Financial Measures | 2 | | --- | --- | | Comparable Corporate Financial Information | 6 | | Capitalization | 11 | | Property-Level Data And Operating Statistics | 14 | | Property-Level Revenues, Adjusted EBITDAre & Adjusted EBITDAre Margins | 18 | Supplemental Financial Information May 6, 2025 ...

Opens Andaz Miami Beach After Transformational RenovationCompletes Additional Share RepurchasesALISO VIEJO, Calif., May 6, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the first quarter ended March 31, 2025.First Quarter 2025 Operational Results (as compared to First Quarter 2024): Net Income: Net income was $5.3 million as compared to $13.0 million. Total Portfolio RevPAR: Total Portfolio RevPARan increased 2.2% to $221.63. The av ...

Group 1 - The article discusses a shift in investment strategy towards REIT preferred stocks due to improved spread conditions, making them more attractive for investment [1] - The investment group "Trade With Beta" offers services including frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, and hedging strategies [1] - The analyst has disclosed a beneficial long position in specific preferred shares, indicating a personal investment interest in the discussed stocks [1]

Core Viewpoint - Sunstone Hotel Investors, Inc. will report its financial results for the first quarter of 2025 on May 6, 2025, before the market opens [1] Company Information - Sunstone Hotel Investors, Inc. is a lodging real estate investment trust (REIT) focused on creating long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate [3]

Core Insights - Sunstone Hotel Investors (NYSE: SHO) is being evaluated for a credit score as it currently lacks one [1] Group 1 - The article discusses the features of the investment service Trade With Beta, which includes frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1] - The investing group is led by Denislav, who emphasizes the importance of active investor engagement and discussion within the community [1] - The article indicates that the author has a beneficial long position in SHO shares, either through stock ownership, options, or other derivatives [1]