Pebblebrook Hotel (PEB) Q3 FFO and Revenues Beat Estimates

Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.59 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to FFO of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 11.32%. A quarter ago, it was expected that this hotel investment company would post FFO of $0.60 per share when it actually produced FFO of $0.69, delivering a surprise of 15%.Over the last four quarters ...