Sunstone Hotel Investors (SHO) Beats Q2 FFO Estimates

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$0.16 per share when it actually produced FFO of $0.18, delivering a surprise of 12.50%. Over t ...