ALISO VIEJO, Calif., Sept. 30, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the third quarter 2024 on Tuesday, November 12, 2024, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A ...

Sunstone Hotel Investors, Inc. (NYSE:SHO) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Aaron Reyes - Chief Financial Officer Bryan Giglia - Chief Executive Officer Robert Springer - President and Chief Investment Officer Chris Ostapovicz - Chief Operating Officer Conference Call Participants Michael Bellisario - Baird Dori Kesten - Wells Fargo Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi David Katz - Jefferies Chris Darling - Green Street Chris Woronka - Deutsche ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, $0.01 par value SHO New York Stock Exchange Series H Cumulative Redeemable Preferred Stock, $0.01 par value SHO.PRH New York Stock Exchange Series I Cumulative Redeemable Preferred Stock, $0.01 par value SHO.PRI New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PUR ...

For the quarter ended June 2024, Sunstone Hotel Investors (SHO) reported revenue of $247.48 million, down 10.4% over the same period last year. EPS came in at $0.28, compared to $0.19 in the year-ago quarter. The reported revenue represents a surprise of -3.01% over the Zacks Consensus Estimate of $255.15 million. With the consensus EPS estimate being $0.27, the EPS surprise was +3.70%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to FFO of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 3.70%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of $0.16 per share when it actually produced FFO of $0.18, delivering a surprise of 12.50%. Over t ...

Exhibit 99.2 Supplemental Financial Information For the quarter ended June 30, 2024 August 7, 2024 Corporate Profile And Disclosures Regarding Non-GAAP Financial Measures 2 Comparable Corporate Financial Information 6 Capitalization 12 Property-Level Data And Operating Statistics 15 Property-Level Revenues, Adjusted EBITDAre & Adjusted EBITDAre Margins 20 Supplemental Financial Information August 7, 2024 Table of Contents Supplemental Financial Information August 7, 2024 CORPORATE PROFILE AND DISCLOSURES RE ...

ALISO VIEJO, Calif., Aug. 7, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Operational Results (as compared to Second Quarter 2023): Net Income: Net income was $26.1 million as compared to $43.1 million. Comparable RevPAR: Comparable RevPAR decreased 2.0% to $232.59. The average daily rate was $322.60 and occupancy was 72.1%. Excluding The Confidante Miami Beach as it trans ...

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Sunstone Hotel Investors (SHO) and Gaming and Leisure Properties (GLPI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. Sunstone Hotel Investors and Gaming and Leisure Properties are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This means that SHO's earnings estimate revision activity has been more impressive, so in ...

ALISO VIEJO, Calif., June 24, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the second quarter 2024 on Wednesday, August 7, 2024, before the market opens. Management will hold its quarterly conference call the same day, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available through the Investor Relations section of the Company's website at www.sunstonehotels.com. A t ...

Art Wager/iStock Unreleased via Getty Images Introduction As I have dedicated a portion of my investment portfolio to fixed income, I am still looking for additional exposure to preferred equity. As the interest rates on the financial markets will move down, the price of fixed rate preferred shares will go up (assuming the creditworthiness of the issuer remains unchanged). I sold my preferred shares in Sunstone Hotel Investors, Inc. (NYSE:SHO) a few months ago on a temporary price spike, but I am wondering ...