22.02.2016 22:07:03
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Pebblebrook Hotel Trust Bottom Line Advances 37% In Q4
(RTTNews) - Pebblebrook Hotel Trust (PEB) revealed a profit for its fourth quarter that increased from last year.
The company said its bottom line rose to $44.73 million, or $0.62 per share. This was up from $32.57 million, or $0.46 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 24.0% to $193.43 million. This was up from $155.93 million last year.
Pebblebrook Hotel Trust earnings at a glance:
-Earnings (Q4): $44.73 Mln. vs. $32.57 Mln. last year. -Earnings Growth (Y-o-Y): 37.3% -EPS (Q4): $0.62 vs. $0.46 last year. -EPS Growth (Y-o-Y): 34.8% -Analysts Estimate: $0.59 -Revenue (Q4): $193.43 Mln vs. $155.93 Mln last year. -Revenue Change (Y-o-Y): 24.0%
-Guidance: Next quarter EPS guidance: $0.43 - $0.47 Full year EPS guidance: $2.67 - $2.84
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