On Monday, Shares of Host Hotels & Resorts (NYSE: HST) declined -2.35% to $21.57. The stock recorded $21.52 as its minimum price and hit the max level of $21.93, during its most recent trading session. It traded total volume of 7,143,924 shares lower than the average volume of 6.17M shares.
Host Hotels & Resorts Inc. (HST) stated a key measure of profitability in its first quarter. The results topped Wall Street expectations.
The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $316. 0M, or 43 cents per share, in the period. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of 41 cents per share. Funds from operations are a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $253.0M, or 34 cents per share.
The lodging real estate investment trust posted revenue of $1.35B in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $1.33B. Host Hotels anticipates full-year funds from operations in the range of $1.67 to $1.73 per share.
HST has the market capitalization of $16.11B and its EPS growth ratio for the past five years was 124.80%. The return on assets ratio of the Company was 5.60% while its return on investment ratio stands at 5.50%. Price to sales ratio was 2.99.
How to Play Music While on FaceTime Calls on iPhone
How to Turn Off Dark Mode on Chrome on Mac
How to Zip a Folder on Mac
How to Change the Screen Timeout on Your MacBook
5 Best Network Monitoring Tools & Software
Learn How to Get Free Robux & Roblox Codes in (June 2022)
Is Human Fall Flat Cross-platform: Here’s What You Need to Know June Updated
Diskeeper 18 Professional 20.0.1300 (Updated)
Here is the Detail about I Own AMC NFT Value – How Much You Worth? Updated
How to Upgrade Wood Frames in 7 Days to Die (Updated)
Hades – Battle out of Hell Early Access Available at Epic Games Store
The Next Final Fantasy XIV: Shadowbringers, Coming Soon in Summer 2019
ELLI is Coming to Nintendo Switch In January, 2019
US Government Sector Employees Banned from using any of Huawei Devices
Red Dead Redemption 2 PS4 Stunning Redefine Support
Technology2 years ago
How We Can Get VPS Hosting & How to Use It
Financial2 years ago
Marvelous Benefits of Hiring Financial Advisors for Your Business
Guide3 months ago
How to Get Free TikTok Followers and Fans in 2022
Gaming4 years ago
GENKI: The Best Bluetooth Audio Solution For The Nintendo Switch