Pebblebrook Hotel (PEB) Q3 FFO Beat Estimates

Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of $0.51 per share, beating the Zacks Consensus Estimate of $0.5 per share. This compares to FFO of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +2.00%. A quarter ago, it was expected that this hotel investment company would post FFO of $0.58 per share when it actually produced FFO of $0.65, delivering a surprise of +12.07%.Over the last four quart ...