Pebblebrook Hotel (PEB) Q2 FFO and Revenues Beat Estimates

Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to FFO of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +12.07%. A quarter ago, it was expected that this hotel investment company would post FFO of $0.13 per share when it actually produced FFO of $0.16, delivering a surprise of +23.08%.Over the last four qua ...