Pebblebrook Hotel Trust reports results for the quarter ended in June - Earnings Summary

Pebblebrook Hotel Trust

28/07/2023 02:40

* Pebblebrook Hotel Trust  PEB.N  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue fell 3.3% to $384.34 million from a year ago;
analysts
expected $378.51 million. 
    * Pebblebrook Hotel Trust's reported EPS for the quarter was
24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Pebblebrook Hotel Trust shares had risen by 2.2% this
quarter and gained 6.3% so far this year.
    * The company reported quarterly net income of $33.74
million.
    * Wall Street's median 12-month price target for Pebblebrook
Hotel
Trust is $15.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
28 at 01:40 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.56           0.62           Beat
 Mar. 31 2023      0.10           0.18           Beat
 Dec. 31 2022      0.17           0.20           Beat
 Sep. 30 2022      0.65           0.66           Beat