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Summit Hotel Properties Inc gives Q2 2014 RevPAR outlook, Q2 2014 adjusted FFO below analysts' estimates; raises FY 2014 RevPAR outlook, reaffirms FY 2014 FFO outlook


Monday, 12 May 2014 07:30am EDT 

Summit Hotel Properties Inc:Expects Q2 2014 pro forma RevPAR of $92.50 - $94.50.Expects Q2 2014 RevPAR same-store of $84.50 $ 86.50.Expects Q2 2014 adjusted FFO per diluted unit of $0.24-$0.26.Expects FY 2014 pro forma RevPAR of $87.50-$89.50.Expects FY 2014 RevPAR same-store of $80-$82.Expects FY 2014 adjusted FFO per diluted unit of $0.84-$0.92.Q2 2014 AFFO of $0.27 - Thomson Reuters I/B/E/S.FY 2014 AFFO of $0.89 - Thomson Reuters I/B/E/S. 

Company Quote

12.59
0.12 +0.96%
26 Dec 2014