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Sunstone Hotel Investors Inc Issues Q2 2013 Earnings Guidance In Line With Analysts' Estimates; Comments On Q2 2013 RevPAR Guidance; Raises FY 2013 Earnings Guidance; Lowers FY 2013 RevPAR Guidance


Monday, 6 May 2013 04:25pm EDT 

Sunstone Hotel Investors, Inc. announced that for the second quarter of 2013, it expects comparable Hotel RevPAR of +2.5% - 4.5%, net income of $18-$20 million, adjusted EBITDA of $69- $71 million, adjusted FFO per diluted share of $0.29-$0.39. For fiscal 2013, it expects comparable Hotel RevPAR of +3.0%-5.0%, net income of $68 - $82 million, adjusted EBITDA of $233 - $247 million and adjusted FFO per diluted share of $0.90-$0.98. According to I/B/E/S Estimates, analysts are expecting the Company to report net income of $20 million, EBITDA of $70 million and FFO of $0.31 second quarter of 2013; net income of $22 million, EBITDA of $232 million and FFO of $0.91 for fiscal 2013. 

Company Quote

16.75
-0.08 -0.48%
19 Dec 2014