Host Hotels & Resorts, Inc. Raises Full-Year Forecast After Reporting Results for the Second Quarter 2018

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Go back to Host Hotels & Resorts, Inc. Raises Full-Year Forecast After Reporting Results for the Second Quarter 2018

Host Hotels & Resorts (HST) Tops Q2 EPS by 2c; Raises Outlook

August 7, 2018 4:51 PM EDT

Host Hotels & Resorts (NYSE: HST) reported Q2 EPS of $0.28, $0.02 better than the analyst estimate of $0.26. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.48 billion. Adjusted FFO was up 10.2% to $0.54.

GUIDANCE:

Raises Total comparable hotel RevPAR - Constant US$ guidance from 1.5%-2.5% to 1.5%-2.5%. Raises Total revenues under GAAP from... More