Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessPebblebrook Hotel Trust's Financial Performance and Market Position

Pebblebrook Hotel Trust’s Financial Performance and Market Position

Add to Favorite
Added to Favorite


Pebblebrook Hotel Trust (NYSE:PEB) reported funds from operations (FFO) of $0.59 per share, beating the Zacks Consensus Estimate.
The company faces challenges such as high-interest expenses but has consistently surpassed earnings estimates over the past four quarters.
Financial metrics reveal a price-to-earnings (P/E) ratio of approximately -14.71 and a debt-to-equity ratio of about 0.80, indicating a moderate level of debt.

Pebblebrook Hotel Trust, listed on the NYSE as PEB, is a real estate investment trust (REIT) that focuses on acquiring and investing in upscale, full-service hotels. The company operates in the highly competitive hospitality sector, with major players like Host Hotels & Resorts and Park Hotels & Resorts. Pebblebrook is set to release its quarterly earnings on November 8, 2024, after the market closes. Analysts predict an earnings per share (EPS) of $0.53 and revenue of approximately $400.54 million.

In its recent third-quarter 2024 earnings report, Pebblebrook Hotel Trust provided a detailed look at its financial performance. The company reported funds from operations (FFO) of $0.59 per share, surpassing the Zacks Consensus Estimate of $0.53 per share. However, this is a slight decrease from the $0.61 per share recorded in the same quarter last year. This performance reflects the company’s ability to navigate market conditions, despite challenges such as high-interest expenses.

Pebblebrook’s earnings are expected to benefit from increased demand in business group, transient, and leisure travel sectors. However, the company faces concerns due to high-interest expenses. In the previous quarter, Pebblebrook reported an adjusted FFO per share of $0.69, exceeding the Zacks Consensus Estimate by 15%. Over the past four quarters, Pebblebrook has consistently surpassed earnings estimates, with an average surprise of 23.3%.

Despite anticipated revenue growth year-over-year, there might be a decline in adjusted FFO per share for this quarter. Pebblebrook’s financial metrics reveal a price-to-earnings (P/E) ratio of approximately -14.71, indicating negative earnings. The price-to-sales ratio is about 1.11, suggesting investors are willing to pay $1.11 for every dollar of sales. The enterprise value to sales ratio is approximately 2.82, reflecting the company’s valuation relative to its sales.

Pebblebrook Hotel Trust’s financial health is further illustrated by its debt-to-equity ratio of about 0.80, indicating a moderate level of debt relative to equity. The current ratio is approximately 0.51, suggesting potential challenges in covering short-term liabilities with short-term assets. Despite these challenges, Pebblebrook’s consistent performance in surpassing earnings estimates highlights its resilience in the competitive hospitality sector.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Wheaton Precious Metals Corp. (NYSE:WPM) Financial Overview

Earnings Per Share (EPS) for Q3 2024 stood at...

NRG Energy, Inc. (NYSE:NRG) Stock Price Target Shows Positive Trend

The consensus price target for NRG Energy, Inc. (NYSE:NRG)...

Xeris Biopharma Holdings, Inc. (NASDAQ:XERS) Overview

The consensus price target for Xeris Biopharma's stock has...

Block Shares Fall 2 percent as Q3 Revenue Misses Estimates

Block (NYSE:SQ) saw its shares decline by around 2%...