Business Context and Reporting Period
Company: Sunstone Hotel Investors, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 7, 2009
Reporting Period: First quarter ended March 31, 2009
This filing serves as a notification that the Company issued a press release regarding its financial results for the first quarter of 2009. The press release is included as Exhibit 99.1 and is incorporated by reference.
Key Financial Metrics
The provided text is a cover document for the Form 8-K and does not contain specific numerical data. Consequently, the following metrics are not available in this excerpt:
- Revenue
- Profit (Net Income/Loss)
- Cash Flow
- Margins
- Debt Levels
- Liquidity Positions
Note: Specific financial values are contained within the referenced press release (Exhibit 99.1), which is not included in the input text.
Material Changes
The filing text does not provide specific details regarding material changes in financial condition or operations compared to prior periods. It only confirms the issuance of results for the quarter ended March 31, 2009.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release containing management's discussion of the results but does not include the commentary text itself.
Legal Disclaimer: The information furnished pursuant to Item 2.02, including the press release, is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities under that Section. It shall not be deemed incorporated by reference into any other filings under the Securities Act of 1933 or the Exchange Act.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated May 7, 2009) for actual revenue, earnings, and occupancy figures.
- Verify the specific impact of the 2009 economic environment on the Company's hotel portfolio as detailed in the press release.
- Confirm liquidity status and debt covenants in the full press release, as the 8-K text does not disclose these figures.
- Note that the financial data in the press release is not legally "filed" under Section 18 of the Exchange Act per this document's disclaimer.