Benzinga | Nov 5, 2020 05:48PM EST

Sunstone Hotel Investors Q3 Adj. FFO $(0.26) Down From $0.29 YoY, Sales $28.91M Miss $51.45M Estimate

Sunstone Hotel Investors (NYSE:SHO) reported quarterly losses of $(0.26) per share. This is a 189.66 percent decrease over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $28.91 million which missed the analyst consensus estimate of $51.45 million by 43.81 percent. This is a 89.74 percent decrease over sales of $281.64 million the same period last year.