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Sunstone Hotel Investors (SHO) Beats Q4 FFO and Revenue Estimates

Core Viewpoint - Sunstone Hotel Investors reported quarterly funds from operations (FFO) of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, but down from $0.19 per share a year ago, indicating a 15.79% year-over-year decline in FFO [1][2] Financial Performance - The company achieved revenues of $214.77 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.44%, although this represents a decrease from $219.23 million in the same quarter last year [2] - Over the last four quarters, Sunstone Hotel has exceeded consensus FFO estimates three times and has also topped consensus revenue estimates three times [2] Stock Performance and Outlook - Sunstone Hotel shares have declined approximately 4.6% since the beginning of the year, contrasting with the S&P 500's gain of 4% [3] - The current consensus FFO estimate for the upcoming quarter is $0.22 on revenues of $240.75 million, and for the current fiscal year, it is $0.97 on revenues of $980.97 million [7] Industry Context - The REIT and Equity Trust - Other industry, to which Sunstone Hotel belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]