Sunstone: Sunstone Hotel Investors, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

Sunstone Hotel Investors, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 138.76 million compared to USD 158.47 million a year ago. Revenue was USD 226.39 million compared to USD 247.7 million a year ago. Net income was USD 3.25 million compared to USD 15.56 million a year ago. For the nine months, sales was USD 425.87 million compared to USD 484.3 million a year ago. Revenue was USD 691.04 million compared to USD 767.26 million a year ago. Net income was USD 42.43 million compared to USD 79.72 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.33 a year ago.