Pebblebrook Hotel Trust Reports Second Quarter 2016 Results

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Wells Fargo Downgrades PebbleBrook Hotel Trust (PEB) to Market Perform

July 26, 2016 7:10 AM EDT

Wells Fargo downgraded PebbleBrook Hotel Trust (NYSE: PEB) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on PebbleBrook Hotel Trust click here. For more ratings news on PebbleBrook Hotel Trust click here.

Shares of PebbleBrook Hotel Trust closed at $31.03 yesterday.

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Pebblebrook Hotel Trust (PEB) Tops Q2 AFFO by 6c

July 25, 2016 4:04 PM EDT

Pebblebrook Hotel Trust (NYSE: PEB) reported Q2 AFFO of $0.81, $0.06 better than the analyst estimate of $0.75. Revenue for the quarter came in at $212.27 million versus the consensus estimate of $210.74 million.

We are pleased with our operating results during the second quarter, said Jon E. Bortz,... More