Pebblebrook Hotel Trust Earnings Fall 8% In Q3

(RTTNews) - Pebblebrook Hotel Trust (PEB) revealed a profit for third quarter that fell from last year.

The company said its profit came in at $55.8 million, or $0.80 per share. This was down from $60.9 million, or $0.84 per share, in last year's third quarter.

The company said revenue for the quarter fell 3.4% to $201.79 million. This was down from $208.96 million last year.

Pebblebrook Hotel Trust earnings at a glance:

-Earnings (Q3): $55.8 Mln. vs. $60.9 Mln. last year. -Earnings Decline (Y-o-Y): -8.4% -EPS (Q3): $0.80 vs. $0.84 last year. -EPS Decline (Y-o-Y): -4.8% -Revenue (Q3): $201.79 Mln vs. $208.96 Mln last year. -Revenue Change (Y-o-Y): -3.4%