Investing.com - Host Hotels Resorts reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Host Hotels Resorts announced earnings per share of $-0.17 on revenue of $844M. Analysts polled by Investing.com anticipated EPS of $-0.0925 on revenue of $790.25M.
Host Hotels Resorts shares are up 54% from the beginning of the year, still down 3.89% from its 52 week high of $18.52 set on May 3. They are outperforming the S&P 500 which is up 24.08% from the start of the year.
Host Hotels Resorts shares gained 0.28% 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 missed by Amazon.com on October 28, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Visa A had beat expectations on October 26 with fourth quarter EPS of $1.62 on revenue of $6.56B, compared to forecast for EPS of $1.55 on revenue of $6.52B.
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