Summit Hotel Properties Inc expected to post breakeven results a share - Earnings Preview
Summit Hotel Properties Inc
INN,
INN is expected to show a rise in quarterly revenue when it reports results on August 5 for the period ending June 30 2025
The Austin Texas-based company is expected to report a 0.6% increase in revenue to $195.061 million from $193.9 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Summit Hotel Properties Inc is for breakeven results per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Summit Hotel Properties Inc is $6.38, about 18.1% above its last closing price of $5.22