SHO Q3 2024 Earnings — Sunstone Hotel Investors, Inc. Revenue & Financial Results | Market Cap Arena

SHOSunstone Hotel Investors, Inc.

$2B

Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$226M-8.6% YoY

Gross Profit

$174M77.0% margin

Operating Income

$16M7.2% margin

Net Income

$3M1.4% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$47M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$992M

Stockholders' Equity

$2.1B

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$226M	$248M	-8.6%
Gross Profit	$174M	$117M	+49.3%
Operating Income	$16M	$0	—
Net Income	$3M	$16M	-79.1%

Revenue Segments

Room

$139M61%

Food and beverage

$64M28%

Other operating

$24M10%