Pebblebrook Hotel Trust Expects Q2 Adjusted FFO Per Share Of $0.59-$0.63, Est $0.56
Portfolio Pulse from Benzinga Newsdesk
Pebblebrook Hotel Trust anticipates its Q2 adjusted Funds From Operations (FFO) per share to be in the range of $0.59-$0.63, surpassing the estimated $0.56.
April 23, 2024 | 9:25 pm
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Pebblebrook Hotel Trust expects its Q2 adjusted FFO per share to exceed estimates, indicating a positive performance.
Pebblebrook Hotel Trust's forecast of its Q2 adjusted FFO per share exceeding analyst estimates suggests a stronger financial performance than anticipated. This positive earnings surprise is likely to instill investor confidence, potentially leading to a short-term uptick in PEB's stock price.
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IMPORTANCE 90
RELEVANCE 100