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 anticipated EPS of $0.16 on revenue of $396.6M.
Pebblebrook Hotel shares are down 18% from the beginning of the year and are trading at $16.24 , down-from-52-week-high.
Pebblebrook Hotel shares lost 0.43% 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, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on October 19 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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