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

Host Hotels & Resorts

04/05/2023 15:50

* Host Hotels & Resorts Inc  HST.OQ  reported quarterly
adjusted
earnings of 40 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 24 cents per share.
    * Revenue rose 28.6% to $1.38 billion from a year ago;
analysts
expected $1.31 billion. 
    * Host Hotels & Resorts Inc's reported EPS for the quarter
was 40
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Host Hotels & Resorts Inc shares had fallen by 1.3% this
quarter and gained 1.4% so far this year.
    * The company reported quarterly net income of $287 million.
    * Wall Street's median 12-month price target for Host Hotels
&
Resorts Inc is $20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 02:50 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.48           0.58           Beat