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home / news releases / INN - Summit Hotel Q4 results beat estimates co sees FY 2023 adj. FFO below consensus

INN - Summit Hotel Q4 results beat estimates co sees FY 2023 adj. FFO below consensus

Summit Hotel Properties Inc.
  • Summit Hotel press release ( NYSE: INN ): Q4 FFO of $0.25 beats by $0.05 .
  • Revenue of $172.3M (+61.2% Y/Y) beats by $3.12M .
  • Pro forma RevPAR increased 17.9% to $109.01 compared to the fourth quarter of 2021.
  • Sees FY 2023 adj. FFO of $0.92 to $1.05. The consensus estimate is $1.11.

For further details see:

Summit Hotel Q4 results beat estimates, co sees FY 2023 adj. FFO below consensus
Stock Information
Company Name: Summit Hotel Properties Inc.
Stock Symbol: INN
Market: NYSE
Website: shpreit.com
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