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Pebblebrook Hotel (PEB) Reports Q4 Earnings: What Key Metrics Have to Say
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Pebblebrook Hotel (PEB - Free Report) reported $334.09 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 4.5%. EPS of $0.21 for the same period compares to -$0.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $325.64 million, representing a surprise of +2.60%. The company delivered an EPS surprise of +40.00%, with the consensus EPS estimate being $0.15.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pebblebrook Hotel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same-Property RevPAR growth rate: 5% versus the three-analyst average estimate of 6.1%.
Total Guest Rooms: 11,924 versus the two-analyst average estimate of 11,885.
Revenue- Food and beverage: $90.68 million compared to the $84.87 million average estimate based on five analysts.
Revenue- Other operating: $36 million versus $34.30 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +15.4% change.
Revenue- Room: $207.40 million compared to the $206.47 million average estimate based on five analysts. The reported number represents a change of +2.2% year over year.
Net Earnings Per Share (Diluted): -$0.37 versus -$0.39 estimated by five analysts on average.
Shares of Pebblebrook Hotel have returned +2.9% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Pebblebrook Hotel (PEB) Reports Q4 Earnings: What Key Metrics Have to Say
Pebblebrook Hotel (PEB - Free Report) reported $334.09 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 4.5%. EPS of $0.21 for the same period compares to -$0.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $325.64 million, representing a surprise of +2.60%. The company delivered an EPS surprise of +40.00%, with the consensus EPS estimate being $0.15.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pebblebrook Hotel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Same-Property RevPAR growth rate: 5% versus the three-analyst average estimate of 6.1%.
- Total Guest Rooms: 11,924 versus the two-analyst average estimate of 11,885.
- Revenue- Food and beverage: $90.68 million compared to the $84.87 million average estimate based on five analysts.
- Revenue- Other operating: $36 million versus $34.30 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +15.4% change.
- Revenue- Room: $207.40 million compared to the $206.47 million average estimate based on five analysts. The reported number represents a change of +2.2% year over year.
- Net Earnings Per Share (Diluted): -$0.37 versus -$0.39 estimated by five analysts on average.
View all Key Company Metrics for Pebblebrook Hotel here>>>Shares of Pebblebrook Hotel have returned +2.9% over the past month versus the Zacks S&P 500 composite's +3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.