Core Insights - Host Hotels (HST) reported a revenue of $1.43 billion for Q4 2024, marking a year-over-year increase of 7.9% and exceeding the Zacks Consensus Estimate of $1.38 billion by 3.72% [1] - The earnings per share (EPS) for the same quarter was $0.44, compared to $0.19 a year ago, representing a surprise of 10% over the consensus estimate of $0.40 [1] Financial Performance Metrics - Average Room Rate was $317.23, surpassing the estimated $309.70 [4] - Revenue per Available Room (RevPAR) reached $212.86, exceeding the estimate of $207.58 [4] - Average Occupancy Percentage stood at 67.1%, matching the analysts' estimate [4] - The total number of rooms was 42,508, slightly below the estimated 42,740 [4] - The number of properties was 78, compared to the average estimate of 79 [4] - Room revenues amounted to $863 million, exceeding the estimated $824.95 million, reflecting an 8.3% year-over-year increase [4] - Other revenues were reported at $134 million, above the estimated $128.37 million, indicating a 13.6% year-over-year change [4] - Food and beverage revenues reached $431 million, surpassing the estimate of $424.99 million, with a year-over-year change of 5.6% [4] - Diluted earnings per share were $0.15, exceeding the average estimate of $0.12 [4] Stock Performance - Over the past month, shares of Host Hotels have returned -0.9%, while the Zacks S&P 500 composite has increased by 2.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Host Hotels (HST) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates