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home / news releases / INN - Summit Hotel FFO of $0.27 misses by $0.01 revenue of $194.49M beats by $2.03M

INN - Summit Hotel FFO of $0.27 misses by $0.01 revenue of $194.49M beats by $2.03M

Summit Hotel Properties Inc.

2023-08-02 17:55:24 ET

  • Summit Hotel press release ( NYSE: INN ): Q2 FFO of $0.27 misses by $0.01 .
  • Revenue of $194.49M (+6.1% Y/Y) beats by $2.03M .
  • Adjusted EBITDAre decreased 3.1 percent to $52.9 million from $54.6 million in the second quarter of 2022.
  • FYE 2023 Outlook : Adjusted FFO per Diluted Unit of $0.86- $0.94 vs. consensus of $0.96.

For further details see:

Summit Hotel FFO of $0.27 misses by $0.01, revenue of $194.49M beats by $2.03M
Stock Information
Company Name: Summit Hotel Properties Inc.
Stock Symbol: INN
Market: NYSE
Website: shpreit.com
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