Summit Hotel Properties, Inc. (NYSE:INN) Median Sales Estimate At $112.907


The EPS projection of Summit Hotel Properties, Inc. (NYSE:INN) for quarter ended 2016-09-30 is $0.34. Last week, the EPS forecast was $0.34 against target of $0.34, a month earlier. Two months ago, this estimate was $0.34 versus forecast of $0.34 three months earlier, implying a deviation of -0.01%.

Summit Hotel Properties, Inc. (NYSE:INN) stated that 18 days ago, its stock price was positively revised 0 times while negative revisions were 1.

In last week, the experts lowered EPS 1 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 0 , 1, 1, and 1, correspondingly.

EPS estimate downgrade for Summit Hotel Properties, Inc. (NYSE:INN) in the preceding 30, 120, 60 and 90 days were 1, 1, 1, and 1, correspondingly.

Earnings Surprises

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

Quarterly Sales Estimates

Summit Hotel Properties, Inc. (NYSE:INN) yearly sales prediction for the fiscal 2017 stands at $112.907 and the median estimate is at $112.907. Almost 2 analysts issued sales target.

Highest sales target is $116.742 while the lowest target is $109.073 showing standard deviation of 5.422%.

As many as 2 analysts have sales targets revised upside while 2 reduced sales estimates, implying a deviation of -0.485%.

Last month, 2 revised sales number projection on upside while 2 lowered the sales projections, implying a deviation of -0.798%.

A quarter ago, 2 hiked sales target and 2 reduced sales forecast. Summit Hotel Properties, Inc. (NYSE:INN) announced that the deviation in forecast was -2.3%.

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