Financial | REIT - Hotel/Motel | USA
Host Hotels Earnings: HOST Stock Unmoved Despite Strong Q4
The hotel operator, based out of Bethesda, Maryland, said that it brought in funds from operations that reached $315 million, which is a metric that helps to indicate the level of profitability of a business in the REIT sphere. This amounted to roughly 43 cents per share for the period for the company’s fourth quarter.
...
The company also said it had net income of $303 million for the period, or 41 cents per share. Host Hotels also said its revenue for the quarter amounted to $1.36 billion, below the Wall Street consensus estimate of $1.37 billion, per a survey of eight analysts that Zacks conducted.
...
https://finance.yahoo.com/news/host-hote...ccounter=1
Host Hotels Earnings: HOST Stock Unmoved Despite Strong Q4
The hotel operator, based out of Bethesda, Maryland, said that it brought in funds from operations that reached $315 million, which is a metric that helps to indicate the level of profitability of a business in the REIT sphere. This amounted to roughly 43 cents per share for the period for the company’s fourth quarter.
...
The company also said it had net income of $303 million for the period, or 41 cents per share. Host Hotels also said its revenue for the quarter amounted to $1.36 billion, below the Wall Street consensus estimate of $1.37 billion, per a survey of eight analysts that Zacks conducted.
...
https://finance.yahoo.com/news/host-hote...ccounter=1