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Pebblebrook Hotel (PEB) Q3 FFO and Revenues Beat Estimates
PEBPebblebrook Hotel Trust(PEB) ZACKS·2024-11-08 00:45

Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of 0.59pershare,beatingtheZacksConsensusEstimateof0.59 per share, beating the Zacks Consensus Estimate of 0.53 per share. This compares to FFO of 0.61pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof11.320.61 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 ...