Sunstone Hotel (SHO) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

May 06, 2026

After Close (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

0.02

Last Year’s EPS

0.01

Same Quarter Last Year

Analyst Consensus

Hold

Based on 5 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 27, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a predominantly positive operational and financial picture: stronger-than-expected Q4 results, notable RevPAR and margin improvements, accretive capital returns, robust liquidity and constructive guidance for 2026. Management remains appropriately cautious given specific market headwinds (notably D.C., San Diego and renovation-related displacement), one-time items in 2025 that will not repeat, and the possibility that some cost efficiencies may be harder to sustain. Overall, the positives (broad RevPAR gains, margin expansion, balance sheet strength, active capital returns and Andaz momentum) outweigh the localized and manageable challenges.

Company Guidance

The company’s 2026 guidance calls for rooms RevPAR growth of 4%–7% to $234–$241 (with Andaz Miami Beach expected to contribute ~400 bps at the midpoint) and total RevPAR growth of 3.5%–6.5% to $385–$396 (also ~400 bps Andaz benefit); management expects adjusted EBITDAre of $225M–$250M (midpoint ≈ 5% growth ex ~ $10M of one‑time items) and FFO per diluted share of $0.81–$0.94 (midpoint ≈ 8% growth adjusting for the same one‑timers). First quarter is forecast to represent ~25% of full‑year results at the midpoint (Q2 ~30%, with the remainder split roughly evenly), capex is guided to $95M–$115M (front‑loaded with ~1/3 in Q1 and San Diego ~ $25M), comparable portfolio expense growth is roughly 3% (about 5% including the full‑year impact of Andaz), and the plan assumes defended margins versus 2025 (which delivered 40 bps of comparable margin expansion on 3.5% RevPAR growth). Recent operating and balance‑sheet metrics cited in support of the outlook include Q4 adjusted EBITDAre of $57M and adjusted FFO of $0.20, Q4 rooms RevPAR +9.6% (540 bps Andaz benefit) and total RevPAR +12.5% (510 bps Andaz benefit), Andaz YTD RevPAR near $475 with occupancy >80% at a mid‑$500 rate and ~8,000 group room nights (>50% of budgeted group nights), net leverage ~3.5x (4.7x incl. preferred), >$200M cash pro forma and >$700M total liquidity, ~$108M of common buybacks year‑to‑date at $8.83 avg (preferred purchases $3.1M at $20.46 avg), a board reauthorization to repurchase up to $500M, and a $0.09 per share Q1 common dividend.

Quarterly RevPAR Outperformance

Total RevPAR grew 7.4% in Q4 and 12.5% in Q4 including the contribution from Andaz Miami Beach; rooms RevPAR grew 9.6% in the quarter (including a 540 bps benefit from Andaz). Ancillary spend growth outpaced rooms, contributing to the higher total RevPAR.

Resort and Luxury Asset Strength

Resorts led the portfolio with Wailea Beach Resort delivering 19% RevPAR growth in Q4. Montage Healdsburg recorded 15% total RevPAR growth in Q4 and just over 9% for the full year; overall luxury/resort demand showed material improvement.

Urban and Select Market Wins

Marriott Long Beach Downtown grew total RevPAR 12% and the Bidwell Marriott (Portland) nearly 13% in Q4. San Francisco delivered strong results with more than 12% total RevPAR growth for the year, and the Renaissance Orlando at SeaWorld posted >10% total RevPAR growth.

Andaz Miami Beach Momentum

Andaz Miami Beach is performing strongly: YTD occupancy above 80% at a mid-$500 rate, nearly 8,000 group room nights on the books (>50% of budgeted room nights), YTD RevPAR near $475, and management expects low- to mid-teens EBITDA contribution for Miami in 2026.

Margin and Cost Management

Comparable portfolio margin expanded ~40 basis points in 2025 on total RevPAR growth of 3.5%, reflecting better-than-expected cost controls and productivity improvements across operators.

Strong Balance Sheet and Liquidity

Net leverage of 3.5x trailing earnings (4.7x including preferred). Pro forma cash and equivalents >$200 million and total liquidity (including full credit facility capacity) of over $700 million after the January payoff of Series A notes.

Capital Return and Share Repurchases

Returned more than $170 million to shareholders in 2025 via dividends and accretive repurchases; repurchased approximately $108 million of common stock at a blended $8.83 and $3.1 million of preferred at a blended $20.46 (18% discount). Board reauthorized repurchase program up to $500 million.

2026 Outlook and Earnings Guidance

Guidance for 2026: rooms RevPAR +4% to +7% (implying $234–$241, ~400 bps benefit from Andaz), total RevPAR +3.5% to +6.5% ($385–$396), adjusted EBITDAre $225M–$250M (midpoint ~5% growth ex one-time items), and FFO per diluted share $0.81–$0.94 (midpoint ~8% growth ex one-time items).

Active Portfolio Investment Program

Completed capital projects including Andaz Miami Beach debut and Wailea rooms renovation; Q4 completion of San Antonio meeting-space renovation and San Diego meeting-space renovation nearing completion — projects on schedule and on budget.

Sunstone Hotel (SHO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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SHO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 06, 2026	2026 (Q1)	0.02 / -	0.01	―	―	―
Feb 27, 2026	2025 (Q4)	-0.01 / 0.02	-0.02	200.00% (+0.04)	―
Nov 07, 2025	2025 (Q3)	-0.02 / -0.02	0	―	―
Aug 06, 2025	2025 (Q2)	0.09 / 0.03	0.11	-72.73% (-0.08)	―
May 06, 2025	2025 (Q1)	<0.01 / 0.01	0.05	-80.00% (-0.04)	―
Feb 21, 2025	2024 (Q4)	-0.03 / -0.02	0.6	-103.33% (-0.62)	―
Nov 12, 2024	2024 (Q3)	0.02 / 0.00	0.06	―	―
Aug 07, 2024	2024 (Q2)	0.10 / 0.11	0.19	-42.11% (-0.08)	―
May 06, 2024	2024 (Q1)	>-0.01 / 0.05	0.08	-37.50% (-0.03)	―
Feb 23, 2024	2023 (Q4)	-0.02 / 0.60	0.07	757.14% (+0.53)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SHO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 27, 2026	$9.66	$9.28	-3.93%
Nov 07, 2025	$9.28	$9.45	+1.83%
Aug 06, 2025	$8.69	$8.68	-0.12%
May 06, 2025	$8.41	$8.14	-3.27%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sunstone Hotel Investors (SHO) report earnings?

Sunstone Hotel Investors (SHO) is schdueled to report earning on May 06, 2026, After Close (Confirmed).

What is Sunstone Hotel Investors (SHO) earnings time?

Sunstone Hotel Investors (SHO) earnings time is at May 06, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SHO EPS forecast?

SHO EPS forecast for the fiscal quarter 2026 (Q1) is 0.02.