Host Hotels & Resorts Inc reports results for the quarter ended March 31 - Earnings Summary

• Host Hotels & Resorts Inc HST.OQ reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of five analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 26 cents to 29 cents per share.

• Revenue rose 8.4% to $1.59 billion from a year ago; analysts expected $1.55 billion.

• Host Hotels & Resorts Inc's reported EPS for the quarter was 35 cents​.

• The company reported quarterly net income of $248 million.

• Host Hotels & Resorts Inc shares had fallen by 1.3% this quarter and lost 19.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

• Wall Street's median 12-month price target for Host Hotels & Resorts Inc is $18.00

This summary was machine generated from LSEG data April 30 at 10:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)