Sunstone Hotel Investors (SHO) Tops Q3 FFO by 1c
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Sunstone Hotel Investors Reports Results For Third Quarter 2018
November 5, 2018 8:00 AM ESTIRVINE, Calif., Nov. 5, 2018 /PRNewswire/ --Â Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate in the hospitality sector, today announced results for the third quarter ended September 30, 2018.
Third Quarter 2018 Operational Results (as compared to Third Quarter 2017):
Net income increased 436.2% to $91.6 million. Excluding the effect of the gain on the Hyatt Regency Newport Beach sold during the third quarter of 2018, net income would have increased by 125.1%. Income attributable to common stockholders per diluted common share... More