Countdown to Pebblebrook Hotel (PEB) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
The upcoming report from Pebblebrook Hotel (PEB) is expected to reveal quarterly earnings of $0.15 per share, indicating a decline of 25% compared to the year-ago period. Analysts forecast revenues of $325.64 million, representing an increase of 1.9% year over year.
The current level reflects a downward revision of 18.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Pebblebrook Hotel metrics that are commonly tracked and projected by analysts on Wall Street.
It is projected by analysts that the 'Revenue- Other operating' will reach $34.30 million. The estimate points to a change of +10% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Room' should arrive at $206.47 million. The estimate points to a change of +1.7% from the year-ago quarter.
The consensus among analysts is that 'Same-Property RevPAR growth rate' will reach 6.1%. Compared to the present estimate, the company reported 25.6% in the same quarter last year.
The combined assessment of analysts suggests that 'Depreciation and amortization' will likely reach $62.42 million. Compared to the present estimate, the company reported $59.84 million in the same quarter last year.
View all Key Company Metrics for Pebblebrook Hotel here>>>
Shares of Pebblebrook Hotel have demonstrated returns of +0.1% over the past month compared to the Zacks S&P 500 composite's +5.2% change. With a Zacks Rank #2 (Buy), PEB is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Pebblebrook Hotel Trust (PEB) : Free Stock Analysis Report
