Summit Hotel Properties (INN) 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

-0.08

Last Year’s EPS

-0.04

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 2 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 25, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveys cautious optimism: while 2025 was challenged by a ~1.8% full-year RevPAR decline and significant government/international demand headwinds, the company demonstrated sequential recovery in Q4 (200+ bps improvement), strong market-specific performance (San Francisco, Orlando, South Florida), effective expense and labor management, disciplined capital recycling (~$200M proceeds since 2023) and a stronger balance sheet with no near-term maturities. Management issued constructive 2026 guidance (RevPAR flat to +3%) and called out event tailwinds (World Cup ~50–75 bps uplift). Near-term risks remain (difficult Q1 comps, margin pressure, incremental interest), but on balance the fundamentals and capital positioning point to a positive outlook.

Company Guidance

Summit guided to full‑year 2026 RevPAR of 0% to +3% (driven predominantly by ADR gains), which translates to adjusted EBITDA of $167M–$181M and adjusted FFO of $0.73–$0.85 per share; margins are expected to be flat to down ~100 bps with operating expenses up ~2%–3% (including ~25 bps of higher property tax headwinds). Pro rata interest expense is forecast at $57M–$61M (including an incremental ~$9M from refinancing the 1.5% convertibles), preferred distributions of $18.5M, and pro rata capex of $55M–$65M; the company also reiterated a quarterly common dividend of $0.08 ($0.32 annualized, ~7.7% yield). Management said Q1 will be the toughest quarter (January RevPAR ≈ -3%; March pace down <1%, April pace turning up mid‑single digits) with Q1 trending in line with Q4 (Q4 same‑store RevPAR -1.6%, pro forma RevPAR -1.8% and sequential RevPAR improvement >200 bps; Q4 RevPAR index improved 220 bps to 117). Balance sheet metrics: no debt maturities until 2028 after drawing a $275M delayed‑draw term loan to retire $288M of convertibles, ~50% of pro rata debt fixed (over 60% fixed including preferred), an average interest rate ~5.5% and average life near 4 years; management expects the FIFA World Cup (exposure to 6 host markets representing ~60% of domestic matches and ~1/3 of the portfolio) to add roughly 50–75 bps to full‑year RevPAR.

Sequential RevPAR Improvement and Market Share Gains

Fourth quarter RevPAR trends improved sequentially by over 200 basis points (CFO cited 240 bps), and the company's RevPAR index improved by 220 bps to an index of 117, indicating market-share gains and outperformance vs. competitive set.

Strong Performance in Key Markets

Several core markets showed outsized performance in Q4: San Francisco RevPAR +40%+ year-over-year, Orlando RevPAR +9% (benefitting from Epic Universe), South Florida RevPAR +4%, and Nashville strong on sports/group demand.

Non-Rooms Revenue Growth

Non-rooms revenue increased 9% in Q4 and 5% for full year 2025 (pro forma), driven by food & beverage, marketplace sales, parking, and resort/amenity fees; Oceanside Fort Lauderdale Beach delivered Q4 total revenue +39% and gross operating profit +53%.

Improved Operating Profitability and Expense Management

Q4 adjusted EBITDA was $39.7 million and adjusted FFO was $22.3 million ($0.18/share). Full-year adjusted EBITDA was $174.8 million and adjusted FFO $0.85/share. Pro forma operating expenses rose only ~2% YoY due to wage management, reduced contract labor and improved retention.

Labor and Productivity Improvements

Contract labor declined nearly 9% year-over-year and now represents <10% of total labor costs; employee turnover declined ~24% vs. year-end 2024, contributing to higher productivity and lower training costs.

Disciplined Capital Recycling and Portfolio Optimization

Since 2023, Summit sold 13 noncore hotels generating ~ $200 million gross proceeds and removed nearly $60 million of anticipated capex; in Q4/Q4-subsequent sales produced $39M (2 hotels) plus a $12.3M sale (Longview) and blended yields/cap rates of ~4.3% and 6.7% respectively on recent dispositions.

Stronger Balance Sheet and Liquidity Position

Company drew $275M delayed-draw term loan to retire $288M convertible notes; pro forma no debt maturities until 2028, average interest rate ~5.5%, average maturity nearly 4 years, approximately 50% of pro rata debt fixed (over 60% fixed including preferred).

Capital Expenditure Discipline and Guidance

2025 consolidated capex was ~$75M ($63M pro rata); three-year consolidated capex >$250M; 2026 pro rata capex guidance $55M–$65M, signaling a more sustainable run-rate post-pandemic catch-up spend.

2026 Outlook and Event Tailwinds

Management guided 2026 RevPAR flat to +3%, adjusted EBITDA $167M–$181M and adjusted FFO $0.73–$0.85/share, and expects the FIFA World Cup exposure (6 host markets, ~60% of domestic matches) to add ~50–75 bps to full-year RevPAR, plus favorable convention/event calendars in select markets.

Shareholder Return and Capital Allocation

Board declared quarterly common dividend of $0.08/share (annualized $0.32) yielding ~7.7%; management emphasizes balancing dividends, portfolio investment, deleveraging and liquidity.

Summit Hotel Properties (INN) 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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INN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 06, 2026	2026 (Q1)	-0.08 / -	-0.04	―	―	―
Feb 25, 2026	2025 (Q4)	-0.15 / -0.06	0.01	-700.00% (-0.07)
Nov 04, 2025	2025 (Q3)	-0.11 / -0.11	-0.04	-175.00% (-0.07)
Aug 05, 2025	2025 (Q2)	0.00 / -0.02	0.23	-108.70% (-0.25)	―
Apr 30, 2025	2025 (Q1)	-0.02 / -0.04	-0.02	-100.00% (-0.02)
Feb 24, 2025	2024 (Q4)	-0.07 / 0.01	-0.16	106.25% (+0.17)
Nov 04, 2024	2024 (Q3)	-0.06 / -0.04	-0.05	20.00% (+0.01)
Jul 29, 2024	2024 (Q2)	-0.07 / 0.23	-0.01	2400.00% (+0.24)
May 01, 2024	2024 (Q1)	-0.06 / -0.02	-0.05	60.00% (+0.03)
Feb 28, 2024	2023 (Q4)	-0.09 / -0.16	-0.11	-45.45% (-0.05)

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

INN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 25, 2026	$4.28	$4.65	+8.64%
Nov 04, 2025	$4.98	$5.10	+2.53%
Aug 05, 2025	$4.88	$4.89	+0.39%
Apr 30, 2025	$3.81	$3.87	+1.47%

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 Summit Hotel Properties (INN) report earnings?

Summit Hotel Properties (INN) is schdueled to report earning on May 06, 2026, After Close (Confirmed).

What is Summit Hotel Properties (INN) earnings time?

Summit Hotel Properties (INN) earnings time is at May 06, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

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What companies are reporting earnings today?

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What is INN EPS forecast?

INN EPS forecast for the fiscal quarter 2026 (Q1) is -0.08.