SHOSunstone Hotel Investors, Inc.

$2B

Q4 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$273M-2.8% YoY

Gross Profit

$126M46.3% margin

Operating Income

$73M26.8% margin

Net Income

$44M16.3% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$80M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.3B

Stockholders' Equity

$2.6B

Cash & Equivalents

$817M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$273M	$281M	-2.8%
Gross Profit	$126M	$150M	-15.9%
Operating Income	$73M	$94M	-21.8%
Net Income	$44M	$73M	-38.9%

Revenue Segments

Occupancy

$187M74%

Food And Beverage

$67M26%

SHO Q4 2019 Earnings — Sunstone Hotel Investors, Inc. Revenue & Financial Results | Market Cap Arena