Summit Hotel Reports Third-Quarter Loss per Share
Story updates
09:30:13 PM UTC
SquawkNews
Summit Hotel 3Q Loss $7.66M >INN
09:31:31 PM UTC
SquawkNews
Third-quarter operating income rose 90.3% to $16.3M, Adjusted EBITDAre rose 11.8% to $43.9M, and pro forma RevPAR increased 7.2% year over year. The company raised its 2026 guidance ranges for pro forma RevPAR growth, Adjusted EBITDAre, Adjusted FFO and Adjusted FFO per share.Material DetailsContex…
09:32:11 PM UTC
SquawkNews
Nov 03 (Reuters) - Summit Hotel Properties Q3 revenue USD 185.706 million vs. IBES estimate USD 180.9 million.
09:33:49 PM UTC
SquawkNews
SUMMIT HOTEL PROPERTIES Q3 NET INCOME USD -7.655 MILLION
09:35:57 PM UTC
SquawkNews
*-- Earnings Flash (INN) Summit Hotel Properties, Inc. Posts Q3 AFFO $0.20 per Share, vs.
09:51:42 PM UTC
SquawkNews
Summit Hotel Properties reported third-quarter 2026 revenue of $185.7 million, up 4.8% from $177.1 million a year earlier. The company recorded a net loss attributable to common stockholders of $7.7 million, or $(0.07) per diluted share, compared with a loss of $11.3 million, or $(0.11) per diluted…