Summit Hotel Properties (INN) Q4 FFO and Revenues Beat Estimates
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Summit Hotel Properties (INN) reported Q4 funds from operations (FFO) of $0.20 per share, surpassing the Zacks Consensus Estimate of $0.19 per share, though slightly down from $0.22 per share a year ago.
February 25, 2025 | 12:30 am
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Summit Hotel Properties reported Q4 FFO of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.19. This positive earnings surprise may boost investor confidence despite a slight year-over-year decline.
The positive earnings surprise, with FFO beating estimates, is likely to have a favorable impact on INN's stock price in the short term. Although the FFO is slightly down from last year, surpassing expectations can boost investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100