Host Hotels & Resorts FFO of $0.44 beats by $0.02, revenue of $1.26B beats by $10M
Feb. 15, 2023 4:35 PM ETHost Hotels & Resorts, Inc. (HST)By: Gaurav Batavia, SA News Editor1 Comment
- Host Hotels & Resorts press release (NASDAQ:HST): Q4 FFO of $0.44 beats by $0.02.
- Revenue of $1.26B (+26.3% Y/Y) beats by $10M.
- The full year forecast is bolstered by first quarter RevPAR growth which is anticipated to be between 24% and 27%, as a result of benefiting from easier comparisons due to the impact of the Omicron variant on first quarter 2022 operations.
- FY Guidance: Total revenues of $4.97B-$5.265B (vs. consensus $5.18B); Adjusted FFO per diluted share of $1.60-$1.82 (vs. consensus $1.87); Diluted EPS $0.67-$0.90