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Stock impact report

Summit Hotel Properties, Inc. (INN) Hit a 52 Week High, Can the Run Continue? [Yahoo! Finance]

Summit Hotel Properties, Inc. (INN) 
Last summit hotel properties, inc. earnings: 2/25 04:35 pm Check Earnings Report
US:NYSE Investor Relations: investor.shpreit.com
Company Research Source: Yahoo! Finance
Have you been paying attention to shares of Summit Hotel Properties (INN) ? Shares have been on the move with the stock up 11.7% over the past month. The stock hit a new 52-week high of $7.22 in the previous session. Summit Hotel Properties has gained 6.3% since the start of the year compared to the 18.1% move for the Zacks Finance sector and the 6.7% return for the Zacks REIT and Equity Trust - Other industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 29, 2024, Summit Hotel Properties reported EPS of $0.23 versus consensus estimate of $0.26 while it beat the consensus revenue estimate by 1.49%. For the current fiscal year, Summit Hotel Properties is expected to post earnings of $0.96 per share on $734.07 million in revenues. This represents a 4.35% change in EPS on a -0.28% change in revenues. For the ne Show less Read more
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