HST - What's in the Offing for Host Hotels (HST) in Q4 Earnings? | Benzinga
Host Hotels & Resorts, Inc. (NASDAQ: HST) is scheduled to release fourth-quarter and full-year 2023 earnings results on Feb 21 after market close. While the quarterly results are likely to display year-over-year growth in revenues, funds from operations (FFO) per share might remain unchanged.
In the previous quarter, the Bethesda, MD-based lodging real estate investment trust (REIT) delivered a surprise of 17.14% in terms of adjusted FFO per share. The quarterly results reflected better-than-anticipated revenues.
Over the trailing four quarters, Host Hotels' adjusted FFO per share surpassed estimates on three occasions and missed in the remaining period, the average beat being 7.17%. The graph below depicts this surprise history:
Host Hotels & Resorts, Inc. Price and EPS Surprise
Host Hotels & Resorts, Inc. price-eps-surprise | Host Hotels & Resorts, Inc. Quote
Factors at Play
Host Hotels enjoys a portfolio of luxury and upper-scale hotels across the top 20 lucrative U.S. markets, with a strong presence in the attractive Sunbelt region. These properties are strategically located in central business districts of major cities with proximity to airports and resort/conference destinations, driving demand.
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HST) in Q4 Earnings?>Full story available on Benzinga.com