Sunstone Hotel Investors (SHO) Tops Q1 FFO by 6c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Sunstone Hotel Investors Reports Results For First Quarter 2017
May 2, 2017 4:20 PM EDTALISO VIEJO, Calif., May 2, 2017 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the first quarter ended March 31, 2017.
First Quarter 2017 Operational Results (as compared to First Quarter 2016):
Net income, which includes the gain recognized on the Company's February 2017 sale of the Fairmont Newport Beach, increased 5,148.9% to $63.8 million. Income attributable to common stockholders per diluted share increased 1,450.0% to $0.27. 27 Hotel Portfolio RevPAR increased 5.5% to $158.10. 27 Hotel Portfolio Adjusted EBITDA Margin, excluding prior year property tax adjustments, net increased 220... More