Sunstone Hotel Investors SHO is set to give its latest quarterly earnings report on Wednesday, 2023-02-22. Here's what investors need to know before the announcement.
Analysts estimate that Sunstone Hotel Investors will report an earnings per share (EPS) of $0.02.
Sunstone Hotel Investors bulls will hope to hear the company 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).
Here's a look at Sunstone Hotel Investors's past performance and the resulting price change:
|Quarter||Q3 2022||Q2 2022||Q1 2022||Q4 2021|
|Price Change %||-2.96%||-1.79%||-6.14%||-7.31%|
Shares of Sunstone Hotel Investors were trading at $10.21 as of February 20. Over the last 52-week period, shares are down 3.37%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Sunstone Hotel Investors visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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