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Sunstone Hotel Investors (SHO) Tops Q1 FFO Estimates

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of 0.21pershare,beatingtheZacksConsensusEstimateof0.21 per share, beating the Zacks Consensus Estimate of 0.18 per share. This compares to FFO of 0.18pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof16.670.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 16.67%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of 0.14 per share when it actually produced FFO of $0.16, delivering a surprise of 14.29%. Over ...