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Sunstone Hotel Investors outlines Q3 AFFO-per-share guidance

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Sunstone Hotel Investors outlines Q3 AFFO-per-share guidance

Sunstone Hotel Investors Inc. said in its latest earnings release that it expects adjusted funds from operations attributable to common stockholders in the range of 27 cents to 29 cents per share for the third quarter.

The hotel real estate investment trust also updated its full-year 2019 AFFO-per-share guidance to a range of $1.07 to $1.13 from an earlier range of $1.04 to $1.11.

The S&P Global Market Intelligence consensus FFO-per-share estimates for the third quarter and full year are 28 cents and $1.10, respectively.