Pebblebrook Hotel Trust expected to post a loss of 37 cents a share - Earnings Preview

Pebblebrook Hotel Trust

19/02/2024 22:57

* Pebblebrook Hotel Trust  PEB.N   PEB  is expected to show
a rise
in quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Bethesda Maryland-based  company is expected to report
a
1.8% increase in revenue to $325.401 million from $319.61
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.The company's guidance on October
27 2023, for the period ended December 31, was for revenue
between $324.40 million and $333.99 million. (Revenue consensus
is on Total revenue)
    * ​LSEG's mean analyst estimate for Pebblebrook Hotel Trust
is for
a loss of 37 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pebblebrook
Hotel
Trust is $16.00​, below​ its last closing price of $16.08. ​​​

The company's guidance on October 26 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD324.40009 million
and USD57 million.The company's guidance on October 26 2023 for
the period ended December 31 was for Funds Flow from Operations
between USD0.09 and USD0.14.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.58        0.58       0.61      Beat    4.6
 Jun. 30 2023  0.55        0.56       0.62      Beat    11.5
 Mar. 31 2023  0.11        0.09       0.18      Beat    100.2​
 Dec. 31 2022  0.17        0.17       0.20      Beat    18.6
 ​​Sep.        0.65        0.65       0.66      Beat    2
 30 2022                                                
 Jun. 30 2022  0.65        0.63       0.72      Beat    14.2​
 Mar. 31 2022  0.03        0.01       0.11      Beat    1,078.
                                                        6
 Dec. 31 2021  0.07        0.07       0.06      Missed  -8.8
 This summary was machine generated February 19 at 22:57 GMT. 
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)