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Pebblebrook Hotel (PEB) Q2 FFO and Revenues Beat Estimates

Pebblebrook Hotel (PEB) came out with quarterly funds from operations (FFO) of 0.65pershare,beatingtheZacksConsensusEstimateof0.65 per share, beating the Zacks Consensus Estimate of 0.58 per share. This compares to FFO of 0.69pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof+12.070.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +12.07%. A quarter ago, it was expected that this hotel investment company would post FFO of 0.13 per share when it actually produced FFO of $0.16, delivering a surprise of +23.08%.Over the last four qua ...