INN beat EPS expectations by 605.49%
Jul 29, 2024, 11:34 PM
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What does INN do
Summit Hotel Properties, Inc., a self-managed real estate investment trust based in Austin, Texas, focuses on owning select-service upscale hotels in the U.S., with 101 properties and about 15,035 guestrooms. The company, employing 74 full-time staff, went public in 2011 and operates hotels under brands like Marriott, Hilton, Hyatt, and IHG.
Summit Hotel Properties (INN) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Summit Hotel Properties's actual EPS was $0.23, beating the estimate of -$0.05 per share, resulting in a 605.49% surprise.
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