Pebblebrook Hotel Trust Reports 2020 Results

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Go back to Pebblebrook Hotel Trust Reports 2020 Results

Pebblebrook Hotel Trust (PEB) Misses Q4 EPS by 46c, Revenues Miss

February 23, 2021 4:48 PM EST

Pebblebrook Hotel Trust (NYSE: PEB) reported Q4 EPS of ($1.39), $0.46 worse than the analyst estimate of ($0.93). Revenue for the quarter came in at $74 million versus the consensus estimate of $80.24 million.

"As we close what has been an unprecedented year, I am incredibly proud of our hotel team members and corporate employees in all that we accomplished throughout 2020. From the onset of COVID-19, we quickly rallied together to mitigate the pandemic's effects by successfully reducing costs and capitalizing on our strategic initiatives. Despite the challenging environment, we completed... More