SHO Q3 2022 Earnings — Sunstone Hotel Investors, Inc. Revenue & Financial Results | Market Cap Arena

SHOSunstone Hotel Investors, Inc.

$2B

Q3 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$244M+45.9% YoY

Gross Profit

$111M45.4% margin

Operating Income

$62M25.3% margin

Net Income

$20M8.4% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

$59M

Free Cash Flow

$59M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.0B

Stockholders' Equity

$2.1B

Cash & Equivalents

$118M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$244M	$167M	+45.9%
Gross Profit	$111M	$65M	+69.8%
Operating Income	$62M	$27M	+125.3%
Net Income	$20M	-$23M	+188.9%

Revenue Segments

Room

$158M65%

Food and beverage

$63M26%

Other operating

$22M9%