Pebblebrook Hotel Trust Reports First Quarter 2019 Results

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Go back to Pebblebrook Hotel Trust Reports First Quarter 2019 Results

Pebblebrook Hotel Trust (PEB) Tops Q1 EPS by 5c, Revenues Beat

April 25, 2019 4:33 PM EDT

Pebblebrook Hotel Trust (NYSE: PEB) reported Q1 EPS of ($0.02), $0.05 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $367.17 million versus the consensus estimate of $358.03 million.

We are very pleased with our portfolios operating results in the first quarter, said Jon E. Bortz, Chairman, President and Chief Executive Officer of Pebblebrook Hotel Trust. Same-Property Total RevPAR, Adjusted EBITDAre and Adjusted FFO per diluted share beat our outlook largely due to healthy RevPAR growth of 4.3... More