Summi
Summit Lodge Properties (INN) got here out with quarterly funds from operations (FFO) of $0.26 per share, consistent with the Zacks Consensus Estimate. This compares to FFO of $0.30 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
1 / 4 in the past, it was anticipated that this actual property funding belief specializing in increased finish resorts would submit FFO of $0.31 per share when it really produced FFO of $0.31, delivering no shock.
During the last 4 quarters, the corporate has surpassed consensus FFO estimates two instances.
Summit Lodge Properties, which belongs to the Zacks REIT and Fairness Belief – Different business, posted revenues of $133.78 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 4%. This compares to year-ago revenues of $132.51 million. The corporate has topped consensus income estimates 4 instances during the last 4 quarters.
The sustainability of the inventory’s…