SHO Q3 2023 Earnings — Sunstone Hotel Investors, Inc. Revenue & Financial Results | Market Cap Arena

SHOSunstone Hotel Investors, Inc.

$2B

Q3 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$248M+1.4% YoY

Gross Profit

$117M47.1% margin

Operating Income

$00.0% margin

Net Income

$16M6.3% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-10.1%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$62M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.0B

Stockholders' Equity

$2.1B

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$248M	$244M	+1.4%
Gross Profit	$117M	$111M	+5.2%
Operating Income	$0	$62M	-100.0%
Net Income	$16M	$20M	-24.1%

Revenue Segments

Room

$158M64%

Food and beverage

$64M26%

Other operating

$25M10%