Pebblebrook Hotel Trust Reports Second Quarter 2020 Results
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Pebblebrook Hotel Trust (PEB) Misses Q2 EPS by 16c, Revenues Miss
July 30, 2020 5:30 PM EDTPebblebrook Hotel Trust (NYSE: PEB) reported Q2 EPS of ($1.06), $0.16 worse than the analyst estimate of ($0.90). Revenue for the quarter came in at $22.3 million versus the consensus estimate of $26.03 million.
"Demand for hotels and travel in general clearly bottomed in mid-April. Throughout the rest of the quarter, hotel industry demand gradually and consistently improved each month as states and cities... More
