Form 8-K Summit Hotel Properties, For: Nov 03

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Go back to Form 8-K Summit Hotel Properties, For: Nov 03

Summit Hotel Properties (INN) Tops Q3 FFO by 4c; Guides FY14 FFO Above Consensus

November 3, 2014 8:20 AM EST

Summit Hotel Properties (NYSE: INN) reported Q3 FFO of $0.30, $0.04 better than the analyst estimate of $0.26. Revenue for the quarter came in at $109.26 million versus the consensus estimate of $102.63 million.

Pro forma revenue per available room (RevPAR) in the third quarter of 2014 grew to $99.22,... More