Summit Hotel Properties, a real estate investment trust based in Austin, Texas, focuses on upscale branded lodging with a portfolio of 96 assets and 14,256 guestrooms across 24 states. Established in 2011, the company operates under franchises from major hotel brands like Marriott and Hilton.
Summit Hotel Properties (INN) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Summit Hotel Properties's actual EPS was -$0.04, missing the estimate of -$0.03 per share, resulting in a -58.10% surprise.
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