Investing.com - Pebblebrook Hotel reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Pebblebrook Hotel announced earnings per share of $0.10 on revenue of $416.69. Analysts polled by Investing.com EPS of $0.16 on revenue of $396.6M.
Pebblebrook Hotel 's are down 18% and is trading at $16.24 , still down 38.34% from its 52 week high of $26.45 set on Friday, November 5, 2021.
Pebblebrook Hotel shares lost 0.43% to trade at $16.24 in after-hours trade the report.
Pebblebrook Hotel follows other major Real Estate sector earnings this month
Pebblebrook Hotel's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.36 on revenue of $1.75B, for EPS of $1.34 on revenue of $1.2B.
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