Host Hotels & Resorts Q4 Adjusted FFO Per Share $0.44, Inline, Sales $1.32B Beat $1.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
Host Hotels & Resorts (HST) reported Q4 Adjusted FFO per share of $0.44, meeting analyst estimates, and sales of $1.32B, exceeding the $1.29B estimate. This represents a 4.75% increase in sales compared to the same period last year.
February 21, 2024 | 9:31 pm
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Host Hotels & Resorts reported a stable Q4 with Adjusted FFO per share of $0.44, in line with estimates, and a 4.75% increase in sales year-over-year.
Meeting the Adjusted FFO estimates and exceeding sales expectations by 2.40% indicates a positive performance for Host Hotels & Resorts. The year-over-year sales increase of 4.75% further strengthens the company's financial position, likely leading to a positive short-term impact on HST's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100