Mark your calendars for Wednesday 24th July 2024, as Pebblebrook Hotel (NYSE: PEB) is set to unveil its second quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company’s financial performance.
In accordance with the forecasts of financial specialists on Wall Street, the establishment is primed to announce an anticipated $0.07 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $396.42 million for this particular period.
Analysts forecasting the company’s performance for this year have been made public. The estimated total revenue is about $1.46 billion. They also predict that throughout the course of the fiscal year, the business will make about loss of $0.61 per share.
In the same quarter of the previous year, the company’s financial statement revealed a per-share income of $0.24. Additionally, the company’s overall revenue for that particular period was an impressive $384.34 million.
PEB shares closed Tuesday’s regular trading session at $14.10, increased 1.66 percent. The stock traded between $11.39 and $16.65 in the last one year, while the 50 days moving average stands at $13.96.
The business has scheduled a conference call on 25th July 2024 at 09:30 AM eastern time to discuss Q2 financial results.
