Summit Hotel Properties Reports First Quarter 2015 Results

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Summit Hotel Properties (INN) Tops Q1 FFO by 3c, Offers Q2, FY Guidance

May 4, 2015 5:05 PM EDT

Summit Hotel Properties (NYSE: INN) reported Q1 FFO of $0.27, $0.03 better than the analyst estimate of $0.24. Revenue for the quarter came in at $107.65 million versus the consensus estimate of $105.17 million.

Summit Hotel Properties sees Q2 2015 FFO of $0.32-$0.34, versus the consensus of $0.32.

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