Brief: Host Hotels & Resorts Reports Third Quarter 2022 Results

Host Hotels & Resorts

02/11/2022 21:34

Nov 2 (Reuters) - Host Hotels & Resorts Inc  HST.O :
    * HOST HOTELS & RESORTS, INC. REPORTS STRONG THIRD QUARTER
2022
OPERATING RESULTS; ACQUIRES FOUR SEASONS RESORT AND RESIDENCES
JACKSON HOLE
    * QTRLY ALL OWNED HOTEL TOTAL REVPAR WAS $306.11, ALL OWNED
HOTEL
REVPAR WAS $192.06, 3.8% AND 1.4% INCREASE, RESPECTIVELY
    * QTRLY EARNINGS PER SHARE $0.16
    * QTRLY NAREIT FFO PER DILUTED SHARE $0.38
    * QTRLY ADJUSTED FFO PER DILUTED SHARE $0.38
    * Q3 EARNINGS PER SHARE VIEW $0.17 -- REFINITIV IBES DATA
    * Q3 FFO PER SHARE VIEW $0.39 -- REFINITIV IBES DATA
    * HOST HOTELS & RESORTS - ESTIMATES THAT HURRICANE IAN WILL
NEGATIVELY IMPACT ITS FULL YEAR REVENUES BY APPROXIMATELY $42
MILLION, OF WHICH $36 MILLION IS IN Q4
    * SEES FY 2022 DILUTED EARNINGS PER COMMON SHARE BETWEEN
$0.85 TO
$0.89
    * SEES FY 2022 NAREIT FFO PER DILUTED SHARE BETWEEN $1.75 TO
$1.79
    * SEES FY 2022 ADJUSTED FFO PER DILUTED SHARE BETWEEN $1.75
TO
$1.79
    * FY2022 EARNINGS PER SHARE VIEW $0.79 -- REFINITIV IBES
DATA
    * FY2022 FFO PER SHARE VIEW $1.78 -- REFINITIV IBES DATA

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