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 $0.16 on revenue of $1.19B. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $1.18B.
Host Hotels Resorts shares are up 17.79% from the beginning of the year, still down 16.78% from its 52 week high of $21.63 set on May 5.
Host Hotels Resorts follows other major Real Estate sector earnings this month
Host Hotels Resorts's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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