Summit Hotel Properties (INN) Earnings Date, Estimates & Call Transcripts

$6.25
+0.07 (+1.13%)
(As of 05/3/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 7Estimated
Actual EPS
(May. 1)
-$0.02 Missed By -$0.20
Consensus EPS
(May. 1)
$0.18
Skip Charts & View Estimated and Actual Earnings Data

INN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

INN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Summit Hotel Properties Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.29$0.29$0.29 
Q2 20241$0.38$0.38$0.38 

INN Earnings Date and Information

Summit Hotel Properties last posted its quarterly earnings data on May 1st, 2024. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by $0.20. The business earned $188.14 million during the quarter, compared to analysts' expectations of $181.40 million. Summit Hotel Properties has generated ($0.24) earnings per share over the last year (($0.24) diluted earnings per share). Earnings for Summit Hotel Properties are expected to grow by 11.90% in the coming year, from $0.84 to $0.94 per share. Summit Hotel Properties has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off prior year's report dates.

Summit Hotel Properties Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/7/2024
Estimated)
------- 
5/1/2024Q1 2024$0.18($0.02)($0.20)($0.02)$181.40 million$188.14 million      
5/3/2022Q1 2022$0.16($0.12)($0.28)---    
2/23/2022Q4 2021$0.13($0.15)($0.28)---    
11/3/2021Q3 2021$0.12($0.10)($0.22)($0.10)--    
8/3/2021Q2 2021($0.25)($0.21)+$0.04($0.21)--    

Summit Hotel Properties Earnings - Frequently Asked Questions

When is Summit Hotel Properties's earnings date?

Summit Hotel Properties has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off last year's report dates. Learn more on INN's earnings history.

Did Summit Hotel Properties beat their earnings estimates last quarter?

In the previous quarter, Summit Hotel Properties (NYSE:INN) missed the analysts' consensus estimate of $0.18 by $0.20 with a reported earnings per share (EPS) of ($0.02). Learn more on analysts' earnings estimate vs. INN's actual earnings.

How can I listen to Summit Hotel Properties's earnings conference call?

The conference call for Summit Hotel Properties's latest earnings report can be listened to online. Listen to Conference Call

How can I read Summit Hotel Properties's conference call transcript?

The conference call transcript for Summit Hotel Properties's latest earnings report can be read online. Read Transcript

How can I view Summit Hotel Properties's earnings report?

Summit Hotel Properties's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Summit Hotel Properties generate each year?

Summit Hotel Properties (NYSE:INN) has a recorded annual revenue of $736.13 million.

How much profit does Summit Hotel Properties generate each year?

Summit Hotel Properties (NYSE:INN) has a recorded net income of -$12.11 million. INN has generated -$0.24 earnings per share over the last four quarters.

What is Summit Hotel Properties's EPS forecast for next year?

Summit Hotel Properties's earnings are expected to grow from $0.84 per share to $0.94 per share in the next year, which is a 11.90% increase.


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This page (NYSE:INN) was last updated on 5/5/2024 by MarketBeat.com Staff

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