Sunstone Hotel Investors Past Earnings Performance

Past criteria checks 4/6

Sunstone Hotel Investors has been growing earnings at an average annual rate of 42.7%, while the Hotel and Resort REITs industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 7.2% per year. Sunstone Hotel Investors's return on equity is 8%, and it has net margins of 16.9%.

Key information

42.7%

Earnings growth rate

43.7%

EPS growth rate

Hotel and Resort REITs Industry Growth	-8.6%
Revenue growth rate	7.2%
Return on equity	8.0%
Net Margin	16.9%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Sunstone Hotel Investors: 6.74% Preferred Shares Are Losing Appeal

Oct 28

Sunstone Hotel: Better Wait For A Better Price

Jul 04

Sunstone Hotel Investors: 7.2%-Yielding Preferred Shares Offer Great Risk/Reward

Jun 08

Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting

Feb 24

Sunstone Hotel Investors: Should You Buy The 2.76% Commons Dividend Yield?

Dec 09

Sunstone Hotel Investors: I'm Still A Buyer Of The 7.5% Yielding Preferred Shares

Aug 08

Sunstone Hotel GAAP FFO of $0.30 beats by $0.07, revenue of $251.28M beats by $27.15M

Aug 03

Sunstone Hotel Investors completes $850M amended and restated credit agreement

Jul 27

Sunstone Hotel Investors to replace Vonage in S&P SmallCap 600

Jul 19

Sunstone Hotel Investors: An Important Revision

Mar 06

Revenue & Expenses Breakdown

How Sunstone Hotel Investors makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:SHO Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	910	154	191
30 Jun 24	932	167	193
31 Mar 24	960	184	196
31 Dec 23	986	192	204
30 Sep 23	1,011	83	207
30 Jun 23	1,008	87	207
31 Mar 23	983	80	204
31 Dec 22	911	73	196
30 Sep 22	841	193	181
30 Jun 22	764	147	170
31 Mar 22	630	80	152
31 Dec 21	509	14	143
30 Sep 21	373	-162	96
30 Jun 21	234	-225	77
31 Mar 21	127	-309	67
31 Dec 20	268	-418	102
30 Sep 20	503	-336	140
30 Jun 20	756	-215	173
31 Mar 20	1,049	-56	207
31 Dec 19	1,115	122	215
30 Sep 19	1,118	154	216
30 Jun 19	1,126	212	217
31 Mar 19	1,140	217	218
31 Dec 18	1,153	237	218
30 Sep 18	1,168	180	219
30 Jun 18	1,182	99	223
31 Mar 18	1,184	99	224
31 Dec 17	1,194	125	225
30 Sep 17	1,193	138	227
30 Jun 17	1,193	168	227
31 Mar 17	1,196	179	229
31 Dec 16	1,189	117	229
30 Sep 16	1,203	320	228
30 Jun 16	1,223	329	229
31 Mar 16	1,240	321	228
31 Dec 15	1,250	321	229
30 Sep 15	1,238	99	228
30 Jun 15	1,221	86	225
31 Mar 15	1,183	71	219
31 Dec 14	1,142	66	210
30 Sep 14	1,096	58	203
30 Jun 14	1,039	40	194
31 Mar 14	972	21	185
31 Dec 13	924	-2	176

Quality Earnings: SHO has a large one-off gain of $124.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: SHO's current net profit margins (16.9%) are higher than last year (8.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SHO's earnings have grown significantly by 42.7% per year over the past 5 years.

Accelerating Growth: SHO's earnings growth over the past year (86.4%) exceeds its 5-year average (42.7% per year).

Earnings vs Industry: SHO earnings growth over the past year (86.4%) exceeded the Hotel and Resort REITs industry -4.5%.

Sunstone Hotel Investors Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: US$0.003 loss per share (vs US$0.06 profit in 3Q 2023)

Sunstone Hotel Investors, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Sunstone Hotel Investors, Inc. to Report Q2, 2024 Results on Aug 07, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Sunstone Hotel Investors, Inc. to Report Q1, 2024 Results on May 06, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Recent updates

Consensus EPS estimates fall by 40%

Third quarter dividend of US$0.09 announced

Third quarter 2024 earnings released: US$0.003 loss per share (vs US$0.06 profit in 3Q 2023)

Sunstone Hotel Investors, Inc. Declares Cash Dividend, Payable on January 15, 2025

Sunstone Hotel Investors: 6.74% Preferred Shares Are Losing Appeal

Consensus EPS estimates fall by 10%

Sunstone Hotel Investors, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Now 20% undervalued

Upcoming dividend of US$0.09 per share

Now 20% undervalued

Second quarter dividend of US$0.09 announced

Sunstone Hotel Investors, Inc. Revises Earnings Guidance for the Year 2024

Sunstone Hotel: Better Wait For A Better Price

Sunstone Hotel Investors, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Sunstone Hotel Investors: 7.2%-Yielding Preferred Shares Offer Great Risk/Reward

Consensus EPS estimates increase by 12%

Consensus EPS estimates fall by 22%

First quarter dividend of US$0.09 announced

Sunstone Hotel Investors, Inc. Revises Earnings Guidance for the Year 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Sunstone Hotel Investors, Inc. (NYSE:SHO) agreed to acquire Hyatt Regency San Antonio Riverwalk Hotel from Hyatt Hotels Corporation (NYSE:H) for $220 million.

Sunstone Hotel Investors, Inc. to Report Q1, 2024 Results on May 06, 2024

Sunstone Hotel Investors, Inc., Annual General Meeting, May 03, 2024

Upcoming dividend of US$0.07 per share

Consensus EPS estimates increase by 13%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting

Sunstone Hotel Investors, Inc. Provides Earnings Guidance for the Year Ended December 31, 2024

Upcoming dividend of US$0.13 per share at 2.6% yield

Sunstone Hotel Investors: Should You Buy The 2.76% Commons Dividend Yield?

Sunstone Hotel Investors, Inc. Declares Fourth Quarter Dividend on Common Stock, Payable on January 16, 2024

Sunstone Hotel Investors Declares Additional Dividend, Payable on January 16, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

New major risk - Revenue and earnings growth

Sunstone Hotel Investors, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

An unknown buyer acquired RP/HH Park Plaza, Limited Partnership from Sunstone Hotel Investors, Inc. (NYSE:SHO) for approximately $370 million.

An unknown buyer acquired RP/HH Park Plaza, Limited Partnership from Sunstone Hotel Investors, Inc. (NYSE:SHO) for approximately $370 million.

Sunstone Hotel Investors, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.07 per share at 3.1% yield

Sunstone Hotel Investors: I'm Still A Buyer Of The 7.5% Yielding Preferred Shares

Sunstone Hotel Investors, Inc. Declares Cash Dividend, Payable on October 16, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Sunstone Hotel Investors, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Upcoming dividend of US$0.05 per share at 2.0% yield

Consensus EPS estimates increase by 23%

Sunstone Hotel Investors, Inc. Declares Cash Dividend, Payable on July 17, 2023

First quarter 2023 earnings released: EPS: US$0.042 (vs US$0.047 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.34 (vs US$0.063 in FY 2021)

Sunstone Hotel Q4 2022 Earnings Preview

Sunstone Hotel Investors, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Upcoming dividend of US$0.05 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Sunstone Hotel Investors, Inc. Declares Cash Dividend, Payable on January 17, 2023

Sunstone Hotel Q3 2022 Earnings Preview

Sunstone Hotel resumes dividend, goes ex-dividend tomorrow

Sunstone Hotel Investors, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Upcoming dividend of US$0.05 per share

Sunstone Hotel occupancy, ADR, RevPAR slide in August vs. July

Sunstone Hotel Investors, Inc. Announces Douglas Pasquale as its Executive Chairman Through September 1, 2022

Sunstone Hotel gains after Blackstone takes stake in 13-F filing

Consensus EPS estimates increase by 21%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Sunstone Hotel Investors, Inc. Declares Cash Dividend on Cash Dividend on Common Stock, Payable on October 17, 2022

Sunstone Hotel GAAP FFO of $0.30 beats by $0.07, revenue of $251.28M beats by $27.15M

Sunstone Hotel Investors completes $850M amended and restated credit agreement

Sunstone Hotel Investors to replace Vonage in S&P SmallCap 600

Sunstone Hotel Investors, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Sunstone Hotel Investors, Inc. to Report Q2, 2021 Results on Aug 03, 2022