Sunstone Hotel Investors (SHO) Misses Q3 FFO Estimates
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Sunstone Hotel Investors (SHO) reported Q3 funds from operations (FFO) of $0.18 per share, missing the Zacks Consensus Estimate of $0.20 per share. This is a decrease from $0.23 per share a year ago.
November 12, 2024 | 3:15 pm
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Sunstone Hotel Investors reported Q3 FFO of $0.18 per share, missing estimates and showing a decline from last year.
The miss on FFO estimates and the year-over-year decline in FFO per share are likely to negatively impact SHO's stock price in the short term as it indicates weaker financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100