Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 -0.0252252252252253 -0.0576576576576577
Stock impact report

Sunstone Hotel Investors Provides Update On First Quarter And Full-Year 2020 Guidance

Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. Common Shares (SHO) 
Last sunstone hotel investors, inc. sunstone hotel investors, inc. common shares earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: sunstonehotels.com
Company Research Source: PR Newswire
IRVINE, Calif., March 5, 2020 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced that due to uncertainty related to the ultimate impact on travel demand resulting from the COVID-19 virus outbreak, the Company is withdrawing its first quarter and full-year 2020 guidance. On February 18, 2020, as part of the Company's full-year 2019 earnings report, Sunstone provided first quarter and full-year 2020 guidance for certain operational and earnings metrics. Included in this guidance was approximately $1 million of lost revenue resulting primarily from known group customer cancelations related to COVID-19.  Since the time this guidance was provided, the Company has experienced a material increase in expected lost revenue from group customer cancelations, which, as of today's date, have increased to approximately $11 million.  The majority of the lost revenue is relat Show less Read more
Impact Snapshot
Event Time:
SHO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SHO alerts
Opt-in for
SHO alerts

from News Quantified
Opt-in for
SHO alerts

from News Quantified