Unveiling Sunstone Hotel (SHO) Q4 Outlook: Wall Street Estimates for Key Metrics

Core Viewpoint - Sunstone Hotel Investors (SHO) is expected to report a quarterly earnings per share (EPS) of $0.14, reflecting a 26.3% decline year-over-year, with revenues projected at $213.46 million, a decrease of 2.6% compared to the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] - Analysts predict 'Revenues- Room' to be $126.66 million, showing a year-over-year change of -0.3% [4] - The estimate for 'Revenues- Other operating' is $16.66 million, indicating a decline of 15.8% from the prior-year quarter [4] - The consensus for 'Revenues- Food and beverage' stands at $56.34 million, reflecting an 8.1% decrease year-over-year [4] Group 2: Key Metrics Forecast - Analysts estimate 'Comparable ADR' to be $305.31, down from $318.80 in the same quarter last year [5] - 'Comparable Occupancy' is forecasted at 64.7%, slightly lower than the year-ago figure of 64.8% [5] - The 'Number of Hotels' is expected to reach 16, compared to 14 in the previous year [5] - The 'Number of Rooms' is projected to be 7,255, an increase from 6,675 year-over-year [6] - 'Comparable RevPAR' is anticipated to be $197.35, down from $206.58 in the same quarter last year [6] - 'Depreciation and amortization' is expected to reach $30.27 million, compared to $29.14 million in the same quarter of the previous year [6] Group 3: Market Performance - Over the past month, shares of Sunstone Hotel have declined by 4.4%, contrasting with the Zacks S&P 500 composite's increase of 4.7% [7] - Currently, SHO holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7]