Sunstone Hotel Investors Reports Results For Third Quarter 2020

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Sunstone Hotel Investors (SHO) Misses Q3 EPS by 10c, Revenues Miss

November 5, 2020 6:00 PM EST

Sunstone Hotel Investors (NYSE: SHO) reported Q3 EPS of ($0.43), $0.10 worse than the analyst estimate of ($0.33). Revenue for the quarter came in at $28.91 million versus the consensus estimate of $52.15 million.

John Arabia, President and Chief Executive Officer, stated, "While uncertainty abounds, there are signs that the hotel recovery is gaining steam, and we believe... More