Summit Hotel Properties, Inc. (NYSE:INN) Median Sales Estimate At $112.436


The EPS projection of Summit Hotel Properties, Inc. (NYSE:INN) for quarter ended 2016-09-30 is $0.34. Last week, the projection for EPS was $0.34 against target of $0.34, a month earlier. While 2-months ago, this projection was $0.34 versus forecast of $0.34a quarter months earlier, posting a deviation of 0%.

Summit Hotel Properties, Inc. (NYSE:INN) posted that 18 days earlier, the share price was revised 0 times on upside. In addition, negative revisions were 1.

In last week, negative EPS revisions were 0 times and positive EPS revisions were 0 times. In last one-month and two month the positive revisions were 0 and 0. While in last 120 and 90 days, positive revisions were 1, and 1, correspondingly.

The per-share earnings downgrade for Summit Hotel Properties, Inc. (NYSE:INN) in the preceding 30 and 120 were 2 and 1. While in 60 and 90 days were 1, and 1, in that order.

Earnings Surprises

Summit Hotel Properties, Inc. (NYSE:INN) EPS target was $0.34 for the quarter closed 1. It was based on 2 calls. As on 2016-05-03 the EPS was $0.32. The change was $0.01, posting a deviation of 3.23%. The price projections gave a standard deviation of 0.01.

Quarterly Sales Estimates

Summit Hotel Properties, Inc. (NYSE:INN) sales prediction for the fiscal 2017 stands at $112.436 and the median estimate is at $112.436. Almost 2 analysts gave sales target.

Among this, the highest sales estimate is $116.742 while the lowest target is $108.13 showing standard deviation of 6.089%.

As many as 2 analysts have positive sales targets revision while 2 reduced sales estimates, posting a deviation of 0%.

Last month, 2 experts have positive sales number revision. Also, 2 research groups lowered the sales projections, posting a deviation of -1.212%.

A quarter ago, 2 hiked sales target and 2 reduced sales forecast, posting a deviation of -2.707%.

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