Host Hotels & Resorts Inc reports results for the quarter ended in June - Earnings Summary

Host Hotels & Resorts

03/08/2023 07:00

* Host Hotels & Resorts Inc  HST.OQ  reported quarterly
adjusted
earnings of 29 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 33 cents per share.
    * Revenue rose 0.9% to $1.39 billion from a year ago;
analysts
expected $1.42 billion. 
    * Host Hotels & Resorts Inc's reported EPS for the quarter
was 29
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Host Hotels & Resorts Inc shares had risen by 7.8% this
quarter and gained 13.1% so far this year.
    * The company reported quarterly net income of $210 million.
    * Wall Street's median 12-month price target for Host Hotels
&
Resorts Inc is $21.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 06:00 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.56           0.53           Missed
 Mar. 31 2023      0.48           0.55           Beat
 Dec. 31 2022      0.42           0.44           Beat
 Sep. 30 2022      0.39           0.38           Missed