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

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.2 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to FFO of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +9.35%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of $0.15 per share when it actually produced FFO of $0.17, delivering a surprise of +13.33%.Over th ...