Sunstone Hotel Investors (SHO) Reports Q3 results; offers guidance

Sunstone Hotel Investors (NYSE: SHO) reported Q3 Revenue for the quarter at $226.39 million versus the consensus estimate of $225.86 million.

GUIDANCE

The Company\'s updated full year guidance is impacted by the previously disclosed labor activity at the Hilton San Diego Bayfront, which has led to incremental earnings disruption above the Company\'s initial estimates; severe weather that impacted the state of Florida; and a slower than anticipated recovery in Maui.

Net Income: $31 to $41

Adjusted FFO Attributable to Common Stockholders per Diluted Share $0.75 to $0.80

For earnings history and earnings-related data on Sunstone Hotel Investors (SHO) click here.

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