Host Hotels & Resorts Q2 FFO $0.57 Beats $0.56 Estimate, Sales $1.47B Inline
Portfolio Pulse from Benzinga Newsdesk
Host Hotels & Resorts (NASDAQ:HST) reported Q2 earnings of $0.57 per share, beating the analyst estimate of $0.56. Sales were $1.47 billion, in line with expectations. Both earnings and sales showed year-over-year growth.
July 31, 2024 | 8:30 pm
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Host Hotels & Resorts reported Q2 earnings of $0.57 per share, beating the analyst estimate of $0.56. Sales were $1.47 billion, in line with expectations. Both earnings and sales showed year-over-year growth.
The earnings beat and year-over-year growth in both earnings and sales are positive indicators for HST. The stock is likely to see a short-term price increase due to the positive earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100