Summit Hotel Properties, Inc. (NYSE:INN) Yearly Sales Target At $113.458


The EPS projection of Summit Hotel Properties, Inc. (NYSE:INN) for quarter ended 2016-09-30 is $0.35. A week before, the EPS forecast was $0.35 against target of $0.35, a month earlier. This estimate stood at $0.35 60 days earlier versus forecast of $0.35 90 days earlier, confirming a deviation of 0%.

Summit Hotel Properties, Inc. (NYSE:INN) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 1.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 0, 1, 0 and 1, respectively.

The downgrade of EPS estimates for Summit Hotel Properties, Inc. (NYSE:INN) in the preceding 120, 60, 30 and 90 days were 1, 1, 0 and 1, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Summit Hotel Properties, Inc. (NYSE:INN) was $0.35. This projection was computed after accounting 2 calls. As reported on 2016-05-03 the EPS was $0.32. The change was $0.01, demonstrating a percentage deviation of 3.23%. The projections confirmed a standard deviation of 0.01.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for Summit Hotel Properties, Inc. (NYSE:INN) stands at $113.458 and the median estimate at $113.458. Almost 2 analysts announced their estimates.

The highest estimate is $117.843 while the lowest target is $109.073 showing standard deviation of 6.201%.

As many as 2 analysts released sales estimates reised in upside while 2 reduced sales estimates, demonstrating a deviation of -0.314%.

In last month, 2 revised sales number projection on upside while 2 lowered the sales target, demonstrating a deviation of -0.314%.

A quarter ago, 2 hiked sales estimations and 2 reduced sales forecast. Summit Hotel Properties, Inc. (NYSE:INN) stated that the change in forecast was -1.823%.

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