8-K
filed August 7, 2024, 7:59 PM ET
ticker SHO
CIK 0001295810
earnings
confidence high
sentiment negative
materiality 0.70
Sunstone Q2 net income falls to $26.1M; adjusted FFO down 15.2%
Sunstone Hotel Investors, Inc.
2024-Q2 EPS reported
$0.16
revenue$464,647,000
- Net income $26.1M vs $43.1M YoY; Adjusted EBITDA re down 13.6% to $73.5M.
- Comparable RevPAR decreased 2.0% to $232.59; ADR $322.60, occupancy 72.1%.
- Adjusted FFO per diluted share $0.28, down 15.2% YoY.
- Excluding hotel renovations (Confidante Miami Beach, Long Beach Downtown), RevPAR up 0.4% and 2.1%.
Machine-readable event card
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- Sunstone Hotel Investors, Inc.
- filed_at
- 2024-08-07T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:12.497092+00:00
- generated_at
- 2026-05-31T11:38:28.948566+00:00
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- event_type
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- sentiment
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- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
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- https://www.sec.gov/Archives/edgar/data/1295810/000155837024011209/0001558370-24-011209-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1295810/000155837024011209/sho-20240807x8k.htm
- generated_by_model
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- review_status
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