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

Pebblebrook Hotel Trust

26/04/2023 22:02

* Pebblebrook Hotel Trust  PEB.N  reported a quarterly
adjusted
loss of 27 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 42 cents per share.
    * Revenue rose 18.5% to $305.72 million from a year ago;
analysts
expected $291.59 million. 
    * Pebblebrook Hotel Trust's reported EPS for the quarter was
a
loss of 27 cents​.
    * The mean earnings estimate of analysts had fallen by
about 64.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Pebblebrook Hotel Trust shares had fallen by 0.8% this
quarter and gained 4.0% so far this year.
    * The company reported a quarterly loss of $33.92 million.
    * Wall Street's median 12-month price target for Pebblebrook
Hotel
Trust is $15.63 
    * 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
April 26 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.10           0.18           Beat
 Dec. 31 2022      0.17           0.20           Beat
 Sep. 30 2022      0.65           0.66           Beat
 Jun. 30 2022      0.63           0.72           Beat