Host Hotels & Resorts (NYSE:HST), a REIT, is expected to report Q2 earnings before market open on Wednesday, July 16, with a conference call scheduled for 10:00 am ET.
Analysts are looking for EPS of 55c on revenue of $1.41B. The consensus range for EPS is 51c to 57c, while the consensus range for revenue is $1.32B to $1.48B, according to First Call.
On July 8 Robert W. Baird issued an upbeat prognosis on Host Hotels. Baird identified the REIT as one of their top two hotel stocks for Q2 due to the company's exposure to outperforming markets, including New York and Boston. The firm, which has an Outperform rating on Host Hotels and believes it has a favorable risk/reward outlook, expects the REIT to post growth of 4% for Q2.
On June 16 Host Hotels announced a 20c per share dividend, payable today.