Host Hotels & Resorts Q3 Profit Rises - Quick Facts

(RTTNews) - Host Hotels & Resorts, Inc. (HST), the nation's largest lodging real estate investment trust, reported that its third-quarter net income to company increased to $144 million or $0.19 per share from $19 million or $0.03 per share, last year. Adjusted FFO per share was $0.34, for the quarter.

On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.31 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $1.29 billion from $1.21 billion, a year ago. Analysts expected revenue of $1.28 billion for the quarter.

Host expects its 2014 total revenues to increase in the range of 3.8% to 4.0%. The company estimates full year earnings per share in the range of $0.92 to $0.93, and adjusted FFO per share in the range of $1.47 to $1.49. Analysts expect the company to report full year profit per share of $1.46.