Pebblebrook Hotel Q2 2024 FFO $0.69 Beats $0.61 Estimate, Sales $397.110M Beat $396.421M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pebblebrook Hotel (NYSE:PEB) reported Q2 2024 earnings of $0.69 per share, beating the analyst estimate of $0.61 by 13.11%. Sales were $397.110M, slightly above the $396.421M estimate. Both earnings and sales showed year-over-year growth.
July 24, 2024 | 8:28 pm
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Pebblebrook Hotel (NYSE:PEB) reported strong Q2 2024 earnings of $0.69 per share, surpassing the analyst estimate of $0.61. Sales also exceeded expectations at $397.110M. Both metrics showed year-over-year growth.
The strong earnings and sales performance, both beating analyst estimates and showing year-over-year growth, are likely to positively impact PEB's stock price in the short term.
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