Summit Hotel Properties Q3 Adj. FFO $0.20 Beats $0.17 Estimate, Sales $185.706M Beat $180.922M Estimate

Summit Hotel Properties (NYSE:INN) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.17 by 17.65 percent. This is a 17.65 percent increase over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $185.706 million which beat the analyst consensus estimate of $180.922 million by 2.64 percent. This is a 4.85 percent increase over sales of $177.117 million the same period last year.