Earnings Preview: Host Hotels & Resorts Reports Q3 Results Wednesday

| About: Host Hotels (HST)

Host Hotels & Resorts, Inc. (NYSE:HST) is due to report earnings before the opening bell on Wednesday, October 12, 2011.

HST trades an average of 11 million shares per day.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of the United States. The company was founded in 1927 and is based in Bethesda, Maryland.

52-Week High: $19.88
52-Week Low: $9.78
Book Value: $9.53
Float Short: 5.49%

On average, 18 analysts are expecting a drop of $-0.13 in earnings per share, compared to last quarter's results of $0.30. A beat of $0.17 per share will top the estimated per share earnings. Analyst estimates range between $0.15 and $0.19 per share.

From a month ago, the stock has increased in price 0.75%, with a one-year change of -29.47%. Compared to the S&P 500, the year-to-date difference is -34.40%.

Investors have been rewarded with an increase in year-over-year revenue. Revenue reported was $4.44 billion for 2010 vs. $4.14 billion for 2009. The bottom line has rising earnings year-over-year of $-130.00 million for 2010 vs. $-252.00 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $223.00 million for 2010 vs. $149.00 million for 2009.

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Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 1.24 B $ 1.30 B $ 52.32 M 4.21%
Mar-11 $ 935.38 M $ 903.00 M $ -32.38 M -3.46%
Dec-10 $ 1.45 B $ 1.49 B $ 44.06 M 3.04%
Sep-10 $ 971.12 M $ 1.01 B $ 34.88 M 3.59%
Jun-10 $ 1.08 B $ 1.11 B $ 37.70 M 3.5%
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M = millions, B = billions
Differences are rounded.
Some one-time items are often excluded in reported EPS.

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Reported earnings per share compared to the mean estimate. Differences are rounded.

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