SHO Q4 2023 Earnings — Sunstone Hotel Investors, Inc. Revenue & Financial Results | Market Cap Arena

SHOSunstone Hotel Investors, Inc.

$2B

Q4 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$219M-10.2% YoY

Gross Profit

$101M46.1% margin

Operating Income

$19M8.5% margin

Net Income

$127M57.9% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

-11.5%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$29M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$983M

Stockholders' Equity

$2.2B

Cash & Equivalents

$426M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$219M	$244M	-10.2%
Gross Profit	$101M	$116M	-12.7%
Operating Income	$19M	$65M	-71.5%
Net Income	$127M	$17M	+627.2%

Revenue Segments

Room

$293M63%

Food and beverage

$128M27%

Other operating

$46M10%