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Summit Hotel Properties (INN) Tops Q3 FFO by 1c; Boosts FY12 FFO Outlook

November 7, 2012 5:41 PM EST
Summit Hotel Properties (NYSE: INN) reported Q3 FFO of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $51.23 million versus the consensus estimate of $49.71 million.

Summit Hotel Properties sees Q4 2012 FFO of $0.11-0.13.

Summit Hotel Properties sees FY2012 FFO of $0.78-0.80, versus prior guidance of $0.77-0.80 and the consensus of $0.77.

For earnings history and earnings-related data on Summit Hotel Properties (INN) click here.


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