NYSE$SHO
Sunstone Hotel Investors Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Sunstone's operating results reflected strength in leisure travel and growth in corporate and group demand, with operators growing room rates and delivering operating margins near pre-pandemic levels.
Sunstone Hotel Investors reported a net income of $20.5 million for the third quarter of 2022, a significant improvement compared to the net loss of $22.1 million in the same period of 2021. The company saw increases in Comparable Portfolio RevPAR and Adjusted EBITDAre, and continued to return capital to shareholders through share repurchases and dividends.
- Net income was $20.5 million, compared to a net loss of $22.1 million in Q3 2021.
- Comparable Portfolio RevPAR increased by 49.0% to $207.18.
- Adjusted EBITDAre increased by 80.6% to $63.8 million.
- The company repurchased $20.0 million of its common stock as of November 4, 2022.
Headline financials
Revenue & EPS history
Sunstone · Revenue · Quarterly
$244M
Forward guidance
No explicit forward guidance was provided in the text extract.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.0%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.0%
Avg return
30 days after
45%
29 / 65 earnings
Positive
+20.1%
Q3 2020
Best reaction
-10.0%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.2% | +8.0% | +18.3% | |
| Q4 2025 | -3.7% | +0.5% | -7.3% | |
| Q3 2025 | +1.8% | +2.5% | -3.8% | |
| Q1 2025 | -2.9% | +0.5% | +0.8% | |
| Q4 2024 | -5.8% | -8.2% | -13.9% | |
| Q3 2024 | -4.1% | -7.3% | +12.5% | |
| Q2 2024 | +0.0% | -1.6% | +2.4% | |
| Q1 2024 | +1.9% | +0.7% | +0.3% | |
| Q4 2023 | -0.1% | +0.6% | -1.5% | |
| Q3 2023 | -1.5% | +0.6% | +5.6% | |
| Q2 2023 | +0.0% | -0.6% | -6.0% | |
| Q1 2023 | +3.5% | +5.5% | +4.9% | |
| Q4 2022 | +7.0% | +7.4% | -11.6% | |
| Q3 2022 | -4.0% | +4.5% | -0.7% | |
| Q2 2022 | -0.5% | +0.5% | -2.4% | |
| Q1 2022 | -4.9% | -7.8% | +1.4% | |
| Q4 2021 | -10.0% | -7.6% | +0.9% | |
| Q3 2021 | +2.2% | -0.9% | -15.1% | |
| Q2 2021 | -1.2% | -0.2% | +2.7% | |
| Q1 2021 | -2.1% | -3.2% | -2.1% | |
| Q4 2020 | +6.3% | +8.8% | +15.5% | |
| Q3 2020 | +20.1% | +19.4% | +38.1% | |
| Q2 2020 | +4.1% | +10.7% | +14.7% | |
| Q1 2020 | -9.5% | -18.8% | +13.7% | |
| Q4 2019 | -1.8% | -1.9% | -46.8% | |
| Q3 2019 | +3.3% | +0.6% | -1.2% | |
| Q2 2019 | +0.7% | -0.9% | -0.5% | |
| Q1 2019 | -2.3% | -1.9% | -6.7% | |
| Q4 2018 | +2.7% | +3.1% | +3.2% | |
| Q3 2018 | +1.5% | +4.4% | +2.8% | |
| Q2 2018 | +0.7% | +1.2% | +3.3% | |
| Q1 2018 | +1.8% | +3.3% | +6.8% | |
| Q4 2017 | -0.4% | -1.6% | -5.9% | |
| Q3 2017 | -0.8% | +0.2% | +0.9% | |
| Q2 2017 | -1.1% | +0.7% | -2.9% | |
| Q1 2017 | +2.6% | +5.2% | +5.3% | |
| Q4 2016 | -0.9% | -2.8% | -2.8% | |
| Q3 2016 | -1.9% | -1.4% | +19.2% | |
| Q2 2016 | +2.1% | +0.5% | -2.4% | |
| Q1 2016 | -1.2% | — | — | |
| Q4 2015 | +1.4% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | +1.8% | — | — | |
| Q1 2015 | -1.0% | — | — | |
| Q4 2014 | +0.8% | — | — | |
| Q3 2014 | -1.0% | — | — | |
| Q2 2014 | +1.8% | — | — | |
| Q1 2014 | +1.9% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | +2.1% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | +2.0% | — | — | |
| Q4 2012 | -2.0% | — | — | |
| Q3 2012 | -3.2% | — | — | |
| Q2 2012 | +1.6% | — | — | |
| Q1 2012 | +2.0% | — | — | |
| Q4 2009 | -1.8% | — | — | |
| Q4 2011 | -1.8% | — | — | |
| Q3 2011 | -2.9% | — | — | |
| Q3 2010 | -2.9% | — | — | |
| Q2 2011 | -3.1% | — | — | |
| Q2 2010 | -3.1% | — | — | |
| Q1 2011 | -1.5% | — | — | |
| Q1 2010 | -1.5% | — | — | |
| Q4 2010 | -1.5% | — | — |
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