20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Sunstone Hotel Investors (NYSE:SHO) is set to give its latest quarterly earnings report on Wednesday, 2022-05-04. Here's what investors need to know before the announcement.
Analysts estimate that Sunstone Hotel Investors will report an earnings per share (EPS) of $-0.08.
Sunstone Hotel Investors bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company missed EPS by $0.03, which was followed by a 7.32% drop in the share price the next day.
Here's a look at Sunstone Hotel Investors's past performance and the resulting price change:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.08 | -0.05 | -0.14 |
| EPS Actual | 0.08 | 0.10 | -0.01 | -0.13 |
| Price Change % | -7.32% | 3.93% | -1.59% | -2.86% |
Stock Performance
Shares of Sunstone Hotel Investors were trading at $12.16 as of May 02. Over the last 52-week period, shares are down 4.78%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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