Host HotelsĀ & Resorts, Inc. Reports Solid Results for 2016, Announces Share Repurchase Program and the Acquisition of the Don CeSar

Go back to Host HotelsĀ & Resorts, Inc. Reports Solid Results for 2016, Announces Share Repurchase Program and the Acquisition of the Don CeSar

Host Hotels & Resorts (HST) Tops Q4 EPS by 3c; $500M Stock Buyback

February 22, 2017 6:16 AM EST

Host Hotels & Resorts (NYSE: HST) reported Q4 EPS of $0.17, $0.03 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.31 billion.

Adjusted FFO was $0.41 versus $0.39 last year.

On February 21, 2017, the Board of Directors authorized a new program to repurchase up to $500 million of common stock. The common stock may be purchased from time to time,... More