SHO Q2 2022 Earnings — Sunstone Hotel Investors, Inc. Revenue & Financial Results | Market Cap Arena

SHOSunstone Hotel Investors, Inc.

$2B

Q2 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$251M+114.4% YoY

Gross Profit

$125M49.8% margin

Operating Income

$75M29.7% margin

Net Income

$35M14.1% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+46.7%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$78M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$983M

Stockholders' Equity

$2.1B

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$251M	$117M	+114.4%
Gross Profit	$125M	$52M	+139.3%
Operating Income	$75M	-$20M	+473.7%
Net Income	$35M	-$27M	+229.4%

Revenue Segments

Room

$162M64%

Food and beverage

$72M29%

Other operating

$18M7%