Summit Hotel Properties Q4 Earnings Outlook

Don't be caught off-guard: Summit Hotel Properties INN releases its next round of earnings Wednesday. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for today's Q4 earnings announcement after the bell.

Earnings and Revenue

Sell-side analysts expect Summit Hotel Properties's EPS to be near 4 cents per share on sales of $126.07 million.

Summit Hotel Properties EPS in the same period a year ago totaled 30 cents per share. Sales were $110.32 million. If the company were to match the  consensus estimate, earnings would be down 86.67 percent. Revenue would be up 14.27 percent on a year-over-year basis.

Summit Hotel Properties's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.18 0.27 0.09 0.03
EPS Actual 0.35 0.36 0.32 0.3


Stock Performance

Over the last 52-week period, shares are down 10.82 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Summit Hotel Properties stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

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