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Host Hotels & Resorts (HST) Tops Q2 EPS by 1c; Guides FY11 Below Street

July 20, 2011 6:29 AM
Host Hotels & Resorts (NYSE: HST) reported Q2 EPS of $0.30, $0.01 better than the analyst estimate of $0.29. Revenue for the quarter came in at $0 versus the consensus estimate of $1.27 billion.

Comparable hotel RevPAR increased 6.7% for the quarter and 6.1% for year-to-date 2011.

Host Hotels & Resorts sees FY2011 EPS of $0.87-$0.91, versus the consensus of $0.93. Sees comparable hotel RevPAR increasing 6.0% to 7.5%

Categories

Earnings Guidance