Summit Hotel Properties, Inc. (INN) stock
INNNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as INN.PE, INN.PF
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 6/3048% below fair value
$7.12−0.15 (-2.06%)
Close on Oct 30, 2026Market cap $767.92MP/E –Yield 4.49%
Earnings
Summit Hotel Properties's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
–
Not yet scheduled
Revenue, Q2 FY2023
$194.49M
+6.1% on a year earlier
Adjusted EPS, Q2 FY2023
-$0.01
$0.27 a year earlier
Latest guidance
Raised
Aug 2, 2023 · 12 items
Quarterly results
Revenue and earnings per share from each of Summit Hotel Properties's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q2 FY2023ended Jun 30, 2023 | Aug 2, 2023during market hours | $194.49M | +6.1% | -$0.01 | – | Release |
| Q1 FY2023ended Mar 31, 2023 | May 3, 2023during market hours | $182.38M | +28.6% | -$0.05 | $0.22 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 27, 2023during market hours | $172.33M | +61.3% | -$0.11 | $0.25 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 2, 2022during market hours | $178.25M | +61.0% | $0.00 | $0.25 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 2, 2022during market hours | $183.25M | +111.8% | $0.07 | $0.27 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 4, 2022during market hours | $141.87M | +145.2% | -$0.12 | $0.17 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 23, 2022during market hours | $106.86M | – | -$0.15 | $0.14 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 3, 2021during market hours | $110.69M | +111.2% | -$0.10 | $0.19 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 3, 2021during market hours | $86.52M | +240.2% | -$0.21 | $0.08 | Release |
| Q1 FY2021ended Mar 31, 2021 | May 4, 2021during market hours | $57.85M | -46.6% | -$0.34 | -$0.07 | Release |
| Q4 FY2020ended Dec 31, 2020 | Feb 23, 2021during market hours | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Nov 3, 2020during market hours | $52.41M | -60.8% | -$0.37 | -$0.10 | Release |
| Q2 FY2020ended Jun 30, 2020 | Aug 5, 2020during market hours | $25.44M | -82.2% | -$0.52 | -$0.25 | Release |
| Q1 FY2020ended Mar 31, 2020 | May 11, 2020during market hours | $108.39M | -22.0% | -$0.18 | $0.13 | Release |
| Q4 FY2019ended Dec 31, 2019 | Feb 25, 2020during market hours | – | – | – | – | Filing |
| Q3 FY2019ended Sep 30, 2019 | Nov 5, 2019during market hours | $133.69M | -6.1% | $0.07 | $0.31 | Release |
| Q2 FY2019ended Jun 30, 2019 | Jul 31, 2019during market hours | $142.93M | – | $0.43 | $0.37 | Release |
| Q1 FY2019ended Mar 31, 2019 | May 1, 2019during market hours | $138.95M | – | $0.09 | $0.31 | Release |
| Q4 FY2018ended Dec 31, 2018 | Feb 26, 2019during market hours | – | – | – | – | Filing |
| Q3 FY2018ended Sep 30, 2018 | Oct 30, 2018during market hours | $142.34M | – | $0.33 | $0.35 | Release |
| Q2 FY2018ended Jun 30, 2018 | Aug 1, 2018during market hours | – | – | – | – | Release |
| Q1 FY2018ended Mar 31, 2018 | May 2, 2018during market hours | – | – | – | – | Release |
| Q4 FY2017ended Dec 31, 2017 | Feb 21, 2018during market hours | – | – | – | – | Filing |
| Q3 FY2017ended Sep 30, 2017 | Oct 30, 2017during market hours | – | – | – | – | Release |
| Q2 FY2017ended Jun 30, 2017 | Aug 2, 2017during market hours | – | – | – | – | Filing |
| Q1 FY2017ended Mar 31, 2017 | May 3, 2017during market hours | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Summit Hotel Properties's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Pro Forma RevPAR Growthnon-GAAP | FY2023 | +6% – +11% | – | New | May 3, 2023 |
| Pro Forma RevPAR Growth | FY2023 | +6% – +11% | – | New | Feb 27, 2023 |
| Adjusted EBITDArenon-GAAP | FY2023 | $183.00M – $193.00M | $190.40M – $205.90M | Lowered | Aug 2, 2023 |
| Adjusted FFO per Diluted Unitnon-GAAP | FY2023 | $0.92 – $1.05 | $0.92 – $1.05 | Reaffirmed | May 3, 2023 |
| Capital Expenditures, Pro Rata | FY2023 | $60.00M – $80.00M | $60.00M – $80.00M | Reaffirmed | Aug 2, 2023 |
| Adjusted FFOnon-GAAP | FY2023 | $105.00M – $115.30M | $112.10M – $128.10M | Raised | Aug 2, 2023 |
| Adjusted FFO per Diluted Unitnon-GAAP | FY2023 | $0.86 – $0.94 | – | Narrowed | Aug 2, 2023 |
| FFO applicable to Common Stock and Common Unitsnon-GAAP | FY2023 | $88.60M – $98.90M | $99.70M – $115.70M | Raised | Aug 2, 2023 |
| FFO per Common Stock and Common Unitsnon-GAAP | FY2023 | $0.72 – $0.81 | $0.81 – $0.95 | Lowered | Aug 2, 2023 |
| Net (loss) incomeGAAP | FY2023 | -$9.10M – $10.00M | – | New | May 3, 2023 |
| Net (loss) income applicable to Common Stock and Common Unitsnon-GAAP | FY2023 | -$15.30M – $700.00K | – | Lowered | May 3, 2023 |
| Net lossGAAP | FY2023 | -$20.40M – -$7.70M | – | Lowered | Aug 2, 2023 |
| Net loss applicable to Common Stock and Common Unitsnon-GAAP | FY2023 | -$26.80M – -$16.50M | – | Lowered | Aug 2, 2023 |
| Pro Forma RevPARnon-GAAP | FY2023 | $119 – $122 | – | Lowered | Aug 2, 2023 |
| Pro Forma RevPAR (103 Lodging Assets)non-GAAP | FY2023 | $118 – $123 | – | Lowered | May 3, 2023 |
| Pro Forma RevPAR (103 Lodging Assets) | FY2023 | $118 – $123 | – | New | Feb 27, 2023 |
| Pro Forma RevPAR Growthnon-GAAP | FY2023 | +6% – +8% | – | New | Aug 2, 2023 |
Guidance history
Every forecast Summit Hotel Properties put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 2, 2023 | Capital Expenditures, Pro Rata | FY2023 | $60.00M – $80.00M | Reaffirmed |
| Aug 2, 2023 | Adjusted EBITDAre | FY2023 | $183.00M – $193.00M | Lowered |
| Aug 2, 2023 | EBITDA | FY2023 | $219.80M – $232.20M | Raised |
| Aug 2, 2023 | EBITDAre | FY2023 | $220.20M – $232.60M | Raised |
| Aug 2, 2023 | Pro Forma RevPAR Growth | FY2023 | +6% – +8% | New |
| Aug 2, 2023 | Pro Forma RevPAR | FY2023 | $119 – $122 | Lowered |
| Aug 2, 2023 | Adjusted FFO | FY2023 | $105.00M – $115.30M | Raised |
| Aug 2, 2023 | Net loss applicable to Common Stock and Common Units | FY2023 | -$26.80M – -$16.50M | Lowered |
| Aug 2, 2023 | FFO applicable to Common Stock and Common Units | FY2023 | $88.60M – $98.90M | Raised |
| Aug 2, 2023 | Adjusted FFO per Diluted Unit | FY2023 | $0.86 – $0.94 | Narrowed |
| Aug 2, 2023 | FFO per Common Stock and Common Units | FY2023 | $0.72 – $0.81 | Lowered |
| Aug 2, 2023 | Net loss | FY2023 | -$20.40M – -$7.70M | Lowered |
| May 3, 2023 | Capital Expenditures, Pro Rata | FY2023 | $60.00M – $80.00M | Reaffirmed |
| May 3, 2023 | Pro Forma RevPAR Growth | FY2023 | +6% – +11% | New |
| May 3, 2023 | Adjusted EBITDAre | FY2023 | $190.40M – $205.90M | Reaffirmed |
| May 3, 2023 | EBITDA | FY2023 | $228.60M – $247.20M | Raised |
| May 3, 2023 | EBITDAre | FY2023 | $228.70M – $247.30M | Raised |
| May 3, 2023 | Adjusted FFO per Diluted Unit | FY2023 | $0.92 – $1.05 | Reaffirmed |
| May 3, 2023 | Net (loss) income | FY2023 | -$9.10M – $10.00M | New |
| May 3, 2023 | Pro Forma RevPAR (103 Lodging Assets) | FY2023 | $118 – $123 | Lowered |
| May 3, 2023 | Adjusted FFO | FY2023 | $112.10M – $128.10M | Raised |
| May 3, 2023 | Net (loss) income applicable to Common Stock and Common Units | FY2023 | -$15.30M – $700.00K | Lowered |
| May 3, 2023 | FFO applicable to Common Stock and Common Units | FY2023 | $99.70M – $115.70M | Raised |
| May 3, 2023 | FFO per Common Stock and Common Units | FY2023 | $0.81 – $0.95 | New |
| Feb 27, 2023 | Capital Expenditures, Pro Rata | FY2023 | $60.00M – $80.00M | New |
| Feb 27, 2023 | Pro Forma RevPAR Growth | FY2023 | +6% – +11% | New |
| Feb 27, 2023 | Adjusted EBITDAre | FY2023 | $190.40M – $205.90M | New |
| Feb 27, 2023 | Adjusted FFO per Diluted Unit | FY2023 | $0.92 – $1.05 | New |
| Feb 27, 2023 | Pro Forma RevPAR (103 Lodging Assets) | FY2023 | $118 – $123 | New |
| Feb 27, 2023 | Adjusted FFO | FY2023 | $112.10M – $128.10M | New |
| Nov 2, 2022 | Capital Expenditures | FY2022 | $70.00M – $80.00M | Raised |
| Nov 2, 2022 | Cash Corporate G&A | FY2022 | $20.50M – $22.50M | Raised |
| Nov 2, 2022 | Cash Interest Expense | FY2022 | $59.50M – $61.50M | Raised |
| Nov 2, 2022 | Preferred Dividends (Series E & Series F) | FY2022 | $15.90M | Lowered |
| Nov 2, 2022 | Preferred Distributions (Series Z) | FY2022 | $2.30M | Lowered |
| Aug 2, 2022 | Capital Expenditures | FY2022 | $60.00M – $80.00M | Reaffirmed |
| Aug 2, 2022 | Cash Corporate G&A | FY2022 | $20.50M – $22.50M | Raised |
| Aug 2, 2022 | Cash Interest Expense | FY2022 | $58.00M – $60.00M | Raised |
| Aug 2, 2022 | Preferred Dividends (Series E & Series F) | FY2022 | $15.90M | Lowered |
| Aug 2, 2022 | Preferred Distributions (Series Z) | FY2022 | $2.30M | Lowered |
| May 3, 2022 | Capital Improvements | FY2022 | $60.00M – $80.00M | New |
| May 3, 2022 | Capital Improvements | FY2022 | $50.00M – $70.00M | New |
| Feb 23, 2022 | Capital Expenditures | FY2022 | $60.00M – $80.00M | New |
| Feb 23, 2022 | Cash Corporate G&A | FY2022 | $19.50M – $21.50M | New |
| Feb 23, 2022 | Interest Expense | FY2022 | $52.50M – $54.50M | Raised |
| Feb 23, 2022 | Preferred Dividends | FY2022 | $18.30M | Lowered |
| Nov 3, 2021 | capital improvements | FY2021 | $15.00M – $20.00M | New |
| Nov 3, 2020 | capital improvements | FY2020 | $23.00M – $25.00M | Lowered |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Summit Hotel Properties filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Update
- News
- News
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Update
- Results