earnings
confidence high
sentiment negative
materiality 0.60
Sunstone Hotel Q4 net income $0.8M; Adjusted FFO per share down 15.8% to $0.16
Sunstone Hotel Investors, Inc.
2024-FY EPS reported
$0.14
revenue$905,809,000
- Q4 net income $0.8M vs $127.0M prior year (incl. gain on sale); adj. FFO $0.16/diluted share, down 15.8%.
- Comparable RevPAR fell 1.1% to $199.07; ADR $304.85, occupancy 65.3%. Excl. transition and labor impacts, RevPAR up 2.4%.
- Full year net income $43.3M vs $206.7M; Adjusted EBITDAre $229.7M, down 12.8%.
- CEO Giglia and CFO Reyes entered amended employment agreements increasing cash bonus percentages effective Feb 18, 2025.