Host Hotels & Resorts, Inc. Reports Results for First Quarter 2020 and Provides Update on COVID-19 Response

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Go back to Host Hotels & Resorts, Inc. Reports Results for First Quarter 2020 and Provides Update on COVID-19 Response

Host Hotels & Resorts (HST) Reports Q1 FFO of $0.23

May 7, 2020 5:05 PM EDT

Host Hotels & Resorts (NYSE: HST) reported Q1 FFO of $0.23, versus $0.48 reported last year. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.12 billion.

2020 Outlook

Given the global economic uncertainty COVID-19 has created for the travel, airline, lodging and tourism and event industries, among others, the Company cannot provide full year... More