Pebblebrook Hotel Trust Reports First Quarter 2021 Results

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Pebblebrook Hotel Trust (PEB) Misses Q1 EPS by 8c, Revenues Miss

April 29, 2021 5:01 PM EDT

Pebblebrook Hotel Trust (NYSE: PEB) reported Q1 EPS of ($0.98), $0.08 worse than the analyst estimate of ($0.90). Revenue for the quarter came in at $83.64 million versus the consensus estimate of $89.03 million.

"Improving demand trends during the first quarter exceeded our expectations, with rising confidence in travel as vaccination rates improved and travel restrictions eased.... More