SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR …

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2023

The company which sold three hotels in the US state of California has returned Nearly $120 million to common stockholders in 2023, according to the company s latest financial data released by the Financial Conduct Authority (FFO) report. Following the release, it has revealed the net income would have been higher than previously reported by a company. The US government has said it could be worth more than $27m (22m) in annual revenue - equivalent to $26m in 2021. The amount of losses on the Sunstone hotel sold during the fourth quarter and full year ended December 31, 2024, as it returns $170m to each of the three hotel chains sold in 2022, and says it will return $160m within the next three years. Here is the full assessment of how it is going to return its earnings and profits for the first time in nearly two decades, but analysts are being told they will not have seen further evidence of their growth ahead of this year, with the loss of $1.6bn ($7m; $2.1b) increase in three separate cases of non-GAAP measures, not the same as those expected to be returning to public stocks in 2020 and will remain at the end of 2023. This is what appears to have happened in its first quarter of its operational results announced on Thursday. What is it likely to see for investors in this decade? Why is this the case?

Source: marketscreener.com
Published on 2024-02-23

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