Summit Hotel Properties is a real estate investment trust focused on the ownership, acquisition, and management of high-quality hotel properties across various markets in the United States
The company primarily invests in premium-branded, select-service hotels that cater to both business and leisure travelers. Summit Hotel Properties aims to enhance the value of its portfolio through strategic asset management and operational excellence, providing well-maintained accommodations while generating strong returns for its investors. Through its commitment to enhancing guest experiences and maintaining high occupancy rates, the company plays a vital role in the hospitality sector.
INN stock results show that Summit Hotel Properties beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
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Investors looking for an edge with stocks that have upcoming earnings reports may want to consider those companies that have recently increased their quarterly dividend payout.
Companies Reporting Before The Bell • Kosmos Energy (NYSEKOS) is projected to report quarterly earnings at $0.14 per share on revenue of $505.61 million.
Summit Hotel Properties (NYSEINN) is set to give its latest quarterly earnings report on Wednesday, 2022-11-02. Here's what investors need to know before the announcement. Analysts estimate that Summit Hotel Properties will report an earnings per share (EPS) of $-0.01.
After weeks of intense and relentless selling, have real estate investment trusts (REITs) finally bottomed? No one can say for sure, but REITs in general had a very good day Monday with some of the best up moves in awhile. The following five REITs easily outperformed the Standard & Poor’s 500 on Monday, and that benchmark index was up 2.65%.
Almost every sub-sector of REITs has been hit hard in 2022 as inflation and recession worries have taken their toll on markets. Hotel REITs have been one of the worst REIT performers during this time. Many in the group are down 40% or more and several of these hotel REITs have recently touched 52-week lows.
Summit Hotel Properties (NYSEINN) is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here's what investors need to know before the announcement. Analysts estimate that Summit Hotel Properties will report an earnings per share (EPS) of $-0.06.
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