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Sunstone Hotel Investors (SHO)
NYSE:SHO
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.1Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 0.82%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performances in specific markets and successful hotel conversions, with a robust share repurchase strategy. However, challenges in Wailea and San Diego, macroeconomic uncertainties, and the delayed opening of Andaz Miami Beach tempered the outlook.Company Guidance
During the Sunstone Hotel Investors First Quarter 2025 Earnings Call, the company provided updated guidance for the year, reflecting some adjustments to their financial outlook. The revised outlook anticipates total portfolio RevPAR growth between 4% and 7% compared to 2024, with adjusted EBITDAre expected to range from $235 million to $260 million. Adjusted FFO per diluted share is forecasted to lie between $0.82 and $0.94, translating to annual growth rates of 8% for EBITDA and 10% for FFO. The opening of the Andaz Miami Beach, though slightly delayed, is expected to contribute significantly to earnings, particularly in the fourth quarter. The company also discussed the impact of macroeconomic uncertainty on certain markets, such as Wailea and San Diego, and highlighted their capital recycling strategy, including potential asset sales to fund share repurchases, which have already amounted to $21 million at a blended repurchase price of $8.90 per share.Strong Performance in Specific Markets
The inauguration in Washington D.C. drove a 24% increase in RevPAR, and hotels in New Orleans grew RevPAR by 25% due to the Super Bowl. San Francisco experienced a 9% RevPAR growth due to a better citywide calendar.
Successful Hotel Conversions and Openings
The Andaz Miami Beach opened on May 3, expected to deliver growth. The Marriott Long Beach Downtown posted a 145% increase in RevPAR. The company is excited about the Andaz Miami Beach's potential for 2026 and beyond.
Robust Share Repurchase and Strong Balance Sheet
Sunstone repurchased $21 million of stock at $8.90 per share. The balance sheet remains strong with net leverage, including preferred equity, at 4.5x trailing EBITDA. Total liquidity equates to nearly $650 million.
Positive Outlook for San Francisco and Wailea
San Francisco showed strong business transient demand, with positive sentiment and strong pace growth expected in future years. Wailea Beach Resort's group production was up nearly 20% in the first quarter compared to the prior year.
SHO Earnings History
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 |
|---|---|---|---|
May 06, 2025 | $8.58 | $8.30 | -3.26% |
Feb 21, 2025 | $11.19 | $10.55 | -5.72% |
Nov 12, 2024 | $10.70 | $10.33 | -3.46% |
Aug 07, 2024 | $9.41 | $9.22 | -2.02% |
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 Jul 31, 2025, TBA Not Confirmed.
What is Sunstone Hotel Investors (SHO) earnings time?
Sunstone Hotel Investors (SHO) earnings time is at Jul 31, 2025, TBA Not 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 2025 (Q2) is 0.1.