06.11.2024 23:38:31
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Host Hotels & Resorts Q3 Profit Declines
(RTTNews) - Host Hotels & Resorts, Inc. (HST), Wednesday reported earnings of $84 million or $0.12 a share for the third quarter compared to $113 million or $0.16 a share last year.
Analysts, on average, polled by Thomson Reuters expected earnings of $0.10 a share for the quarter.
NARIET FFO was $250 million or $0.36 a share versus $290 million or $0.41 a share in previous year.
Adj. FFO totaled $250 million or $0.36 a share compared to $290 million or $0.41 a share in prior year quarter.
Revenues increased to $1.319 billion from last year's $1.214 billion.
Looking ahead, the company sees earnings of $687 or $0.96 a share, and NARIET and adjusted FFO of $1.92 a share for the full year 2024.

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Host Hotels & Resorts Inc. | 14,80 | -0,67% |
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