Pebblebrook Hotel Trust Reports 2019 Results and Provides 2020 Outlook
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Pebblebrook Hotel Trust (PEB) Tops Q4 EPS by 3c, Revenues Beat
February 20, 2020 4:26 PM ESTPebblebrook Hotel Trust (NYSE: PEB) reported Q4 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $379.41 million versus the consensus estimate of $370.93 million.
Net income: $19.6 millionSame-Property Total RevPAR1 +2.8% YOY and RevPAR1 +2.0% YOYSame-Property EBITDA1: $109.0 million, +1.4% YOYAdj. EBITDAre1: $100.1 million, +87.4% YOYAdj. FFO1 per diluted share: $0.54, +63.6% YOYQ4 Same-Property Total RevPAR, Adj. EBITDA, Adj. FFO and Adj. FFO/diluted share beat outlook due to better than expected demand,... More