Host Hotels & Resorts (NasdaqGS:HST) Q3 2025 Earnings Call November 06, 2025 09:00 AM ET Speaker1Good morning and welcome to the Host Hotels & Resorts third quarter 2025 earnings conference call. Today's conference is being recorded. At this time, I would like to turn the call over to Jaime Marcus, Senior Vice President of Investor Relations. Please go ahead.Speaker0Thank you and good morning, everyone. Before we begin, please note that many of the comments made today are considered to be forward-looking st ...

Key Takeaways Host Hotels' Q3 AFFO per share of $0.35 beat estimates but fell 2.8% year over year.Q3 revenues reached $1.33B, lifted by stronger RevPAR and transient leisure demand.HST raised 2025 AFFO guidance to $2.03 and received a Moody's upgrade to Baa2.Host Hotels & Resorts, Inc. (HST) reported third-quarter adjusted funds from operations (AFFO) per share of 35 cents, which surpassed the Zacks Consensus Estimate of 33 cents. However, the figure decreased 2.8% from the prior-year quarter.Results reflec ...

Supplemental Financial Information SEPTEMBER 30, 2025 FOUR SEASONS RESORT AND RESIDENCES JACKSON HOLE TABLE OF CONTENTS | 3 | OVERVIEW | | | --- | --- | --- | | | About Host Hotels & Resorts | 4 | | | Analyst Coverage | 5 | | | Forward-Looking Statements | 6 | | | Non-GAAP Financial Measures | 6 | | 7 | PROPERTY LEVEL DATA AND CORPORATE MEASURES | | | | Comparable Hotel Results by Location | 8 | | | Historical Comparable Hotel Results | 16 | | | Comparable Hotel Results 2025 Forecast and Full Year 2024 | 18 ...

For the quarter ended September 2025, Host Hotels (HST) reported revenue of $1.33 billion, up 0.9% over the same period last year. EPS came in at $0.35, compared to $0.12 in the year-ago quarter.The reported revenue represents a surprise of +0.32% over the Zacks Consensus Estimate of $1.33 billion. With the consensus EPS estimate being $0.33, the EPS surprise was +6.06%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

财务业绩表现 - 公司2025年第三季度每股运营资金为0.35美元，超出市场一致预期0.33美元，超出幅度为6.06% [1] - 本季度营收达到13.3亿美元，超出市场一致预期0.32%，去年同期营收为13.2亿美元 [2] - 上一季度每股运营资金为0.58美元，远超预期的0.51美元，超出幅度达13.73% [1] - 公司在过去四个季度中均超出每股运营资金和营收的市场一致预期 [2] 市场表现与展望 - 公司股价年初至今下跌约8.4%，同期标普500指数上涨15.1% [3] - 当前市场对下一季度的共识预期为每股运营资金0.45美元，营收15.3亿美元 [7] - 对本财年的共识预期为每股运营资金2.00美元，营收60.4亿美元 [7] - 公司所属的REIT和权益信托-其他行业在Zacks行业排名中位列前34% [8] 行业比较 - 同业公司Sunstone Hotel Investors预计将于11月7日公布季度业绩，预期每股收益为0.15美元，同比下降16.7% [9] - Sunstone Hotel Investors近30天内季度每股收益预期被上调2.6% [9] - Sunstone Hotel Investors预期季度营收为2.2506亿美元，较去年同期下降0.6% [10]

Exhibit 99.1 SOURAV GHOSH Chief Financial Officer (240) 744-5267 JAIME MARCUS Investor Relations (240) 744-5117 ir@hosthotels.com Host Hotels & Resorts, Inc. Reports Results for the Third Quarter 2025 Quarterly Comparable Hotel Total RevPAR Growth of 0.8% and Comparable Hotel RevPAR Growth of 0.2% Raises Full Year Comparable Hotel RevPAR Growth Guidance to ~3.0% Over 2024 Announces Second Marriott Transformational Capital Program Completed Sale of Washington Marriott at Metro Center BETHESDA, Md; November 5 ...

Quarterly Comparable Hotel Total RevPAR Growth of 0.8% and Comparable Hotel RevPAR Growth of 0.2%Raises Full Year Comparable Hotel RevPAR Growth Guidance to ~3.0% Over 2024Announces Second Marriott Transformational Capital ProgramCompleted Sale of Washington Marriott at Metro Center BETHESDA, Md., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for the third quarter of 202 ...

公司概况 - 公司为美国最大的住宿类REIT 市值达110亿美元 专注于收购、翻新和运营豪华及超高端酒店 主要位于美国顶级市场 [1] - 公司通过与领先酒店品牌合作 受益于强劲的旅行需求和优越的地理位置 [1] 市场表现 - 公司股价年内下跌8.6% 过去52周下跌9.8% 表现远逊于同期标普500指数16.3%的涨幅和17.7%的回报率 [2] - 即使在房地产投资信托基金板块内部 公司表现也落后于房地产精选行业SPDR基金 该基金在2025年微涨 但过去52周下跌7% [3] 行业挑战与业绩预期 - 酒店行业面临结构性挑战 包括企业差旅复苏缓慢以及来自替代性住宿的竞争加剧 [4] - 公司较低的增长前景和谨慎的业绩指引 导致投资者转向市场中更高增长的领域 这加剧了其相对弱势的表现 [4] - 市场预期公司2025财年全年AFFO将同比下降1.5% 至每股2美元 [5] 分析师观点 - 公司拥有稳健的盈利惊喜历史 在过去四个季度中均达到或超过市场对其每股收益的预期 [5] - 分析师整体共识评级为“温和买入” 覆盖该股的18位分析师中 包括8个“强力买入” 1个“温和买入”和9个“持有” [5] - 富国银行分析师于10月4日重申对公司的“买入”评级 目标价维持在19美元 [6] - 平均目标价为18.75美元 意味着有17%的上涨潜力 而最高目标价22美元则意味着较当前水平有37.3%的溢价 [6]

根据提供的文档内容，所有信息均为分析师和平台的免责声明与披露，不包含任何关于公司或行业的实质性内容。因此，无法按照任务要求总结出核心观点或与公司、行业相关的关键要点。

公司概况 - 公司为美国最大的住宿类房地产投资信托基金，市值达113亿美元 [1] - 公司专注于拥有豪华和高端酒店，并与万豪、丽思卡尔顿、希尔顿、四季等知名酒店品牌合作 [1] 财务表现与预期 - 分析师预计公司2025财年第三季度FFO为每股0.33美元，同比下降8.3% [2] - 公司过去四个季度的FFO均达到或超过华尔街预期 [2] - 分析师预计公司2025财年全年FFO为每股2.01美元，较2024财年增长2% [3] - 但预计2026财年FFO将同比下降2.5%至每股1.96美元 [3] - 公司第二季度调整后FFO为每股0.58美元，超出市场预期的0.51美元 [6] - 公司第二季度营收为16亿美元，超出市场预期的15亿美元 [6] - 公司对全年调整后FFO的指引区间为每股1.98美元至2.02美元 [6] 股价表现 - 公司股价在过去52周内下跌5.6%，表现逊于同期上涨15.1%的标普500指数 [4] - 公司股价表现亦逊于同期下跌3.4%的房地产精选行业SPDR基金 [4] 运营挑战 - 公司面临成本上升、经济不确定性及通胀等不利因素 [5] - 商务和团体旅行需求的复苏速度慢于预期，可能限制近期增长和股价上涨 [5] 市场观点 - 分析师对该公司股票的整体评级为"适度看涨" [7] - 18位覆盖该股的分析师中，8位给予"强力买入"评级，1位给予"适度买入"评级，9位给予"持有"评级 [7] - 平均目标价为18.58美元，暗示较当前水平有11.6%的潜在上涨空间 [7]