SHO beat EPS expectations by 8.91%
Aug 07, 2024, 3:36 PM
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What does SHO do
Sunstone Hotel Investors, Inc., a real estate investment trust headquartered in Aliso Viejo, California, specializes in acquiring, managing, and renovating luxury hotels and resorts. Founded with an IPO in 2004, the company owns 14 properties with 6,675 rooms across six states and Washington, DC, managed under long-term agreements by major firms like Marriott and Hyatt.
Sunstone Hotel Investors (SHO) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Sunstone Hotel Investors's actual EPS was $0.11, beating the estimate of $0.10 per share, resulting in a 8.91% surprise.
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