Host Hotels & Resorts Inc HST.OQ reported quarterly adjusted earnings of 32 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of six analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 20 cents to 23 cents per share.
Revenue rose 8.2% to $1.59 billion from a year ago; analysts expected $1.51 billion.
Host Hotels & Resorts Inc's reported EPS for the quarter was 32 cents.
The company reported quarterly net income of $221 million.
Host Hotels & Resorts Inc shares had risen by 6.0% this quarter and lost 7.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for Host Hotels & Resorts Inc is $17.50, about 7.8% above its last closing price of $16.13
This summary was machine generated from LSEG data July 30 at 10:28 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)