Host Hotels & Resorts (HST) Tops Q3 EPS by 19c; offers outlook
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Host Hotels & Resorts (NASDAQ: HST) reported Q3 EPS of $0.23, $0.19 better than the analyst estimate of $0.04. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.31 billion.
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Comparable hotel RevPAR performance exceeded expectations in the third quarter, leading to an improved forecast for the full year, even as short-term group volume remains soft. Following October estimated results of 5.5% growth in comparable hotel RevPAR over the same period in 2024, the revised guidance assumes limited impacts from the government shutdown, which is comparable to what was experienced in October.
For earnings history and earnings-related data on Host Hotels & Resorts (HST) click here.
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