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

Pebblebrook Hotel Trust

26/10/2023 22:46

* Pebblebrook Hotel Trust  PEB.N  reported a quarterly
adjusted
loss of 57 cents​​ per share for the quarter ended in September.
The mean expectation of four analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue fell 5% to $395.80 million from a year ago;
analysts
expected $392.64 million. 
    * Pebblebrook Hotel Trust's reported EPS for the quarter was
a
loss of 57 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Pebblebrook Hotel Trust shares had fallen by 5.1% this
quarter and lost 3.7% so far this year.
    * The company reported a quarterly loss of $68.13 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," 12
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 09:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.58           0.61           Beat
 Jun. 30 2023      0.56           0.62           Beat
 Mar. 31 2023      0.09           0.18           Beat
 Dec. 31 2022      0.17           0.20           Beat