Pebblebrook Hotel Trust (PEB) Tops Q4 EPS by 1c; offers guidance

Pebblebrook Hotel Trust (NYSE: PEB) reported Q4 EPS of ($0.37), $0.01 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $334.09 million versus the consensus estimate of $325.42 million.

GUIDANCE

The Company’s Q1 2024 Outlook is as follows:

Q1 2024 Outlook in $MM

Net income (loss) ($44.3)- ($40.8)

Adjusted EBITDAre $52.0- $55.5

Adjusted FFO $16.0- $19.5

Adjusted FFO per diluted share $0.13- $0.16

2024 Outlook
($ and shares/units in millions, except per share and RevPAR data)
Net income (loss) ($62.0)- ($47.0)
Adjusted EBITDAre $339.0- $354.0
Adjusted FFO $180.5- $195.5
Adjusted FFO per diluted share $1.49- $1.61

For earnings history and earnings-related data on Pebblebrook Hotel Trust (PEB) click here.

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