Investing.com - Host Hotels Resorts reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Host Hotels Resorts announced earnings per share of $-0.5 on revenue of $103M. Analysts polled by Investing.com anticipated EPS of $-0.52 on revenue of $124.92M.
Host Hotels Resorts shares are down 41% from the beginning of the year , still down 42.49% from its 52 week high of $18.85 set on December 27, 2019. They are under-performing the S&P 500 which is up 0.48% from the start of the year.
Host Hotels Resorts shares lost 2.40% in after-hours trade following the report.
Host Hotels Resorts follows other major Services sector earnings this month
Host Hotels Resorts's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.38 on revenue of $81.09B.
Visa A had beat expectations on Tuesday with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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