NYSE:SHOHotel and Resort REITs
Sunstone Hotel Investors (SHO) Stock Faces Margin Questions After Solid Quarter
Sunstone Hotel Investors slipped about 2% to US$11.08 after its Q2 earnings, even though the headline numbers looked solid. The stock has been roughly flat over the past month, and the latest quarter showed higher revenue of US$277.1m and a notable increase in profitability with basic earnings per share of US$0.14.
The key point for investors is not today’s small price dip. It is that adjusted funds from operations and margin trends now sit at the center of the long term thesis for Sunstone...