Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Host Hotels & Resorts (HST)
NASDAQ:HST
Holding HST?
Track your performance easily
Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.13Last Year’s EPS
$0.19Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 1.17%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted resilience and strategic acquisitions, with strong out-of-room revenue performance and improved group bookings. However, significant impacts from natural disasters and margin declines due to rising costs were notable challenges.Company Guidance
In the third quarter of 2024 earnings call for Host Hotels & Resorts, guidance metrics included an adjusted EBITDAre of $324 million and adjusted FFO per share of $0.36. The company reported a year-over-year comparable hotel total RevPAR improvement of 3.1%, with comparable hotel RevPAR up 80 basis points. Group room night revenue increased by 1%, with a booking of 212,000 group room nights, bringing the total for 2024 to 4.2 million rooms. Business transient revenue grew by 5%, while transient room nights at comparable resorts rose by 4%. The company also repurchased 3.5 million shares of stock, totaling $57 million, and revised its 2024 capital expenditure guidance to a range of $485 billion to $580 billion.Resilience and Recovery Efforts
The Ritz-Carlton, Naples showed minimal water intrusion and reopened 7 days after power restoration due to enhanced resilience investments. Thanksgiving and festive revenue pace for 3 Maui resorts is up over 35% and over 65%, respectively.
Robust Transaction Activity
Acquired $1.5 billion of real estate at a blended 13.6x EBITDA multiple, performing in line with underwriting expectations. A focus on opportunistic acquisitions and potential market testing for noncore assets.
Strong Out-of-Room Revenue
Total RevPAR growth outpaced RevPAR growth, with food and beverage revenue up 6%, and banquet and catering revenue achieving the strongest third quarter in Host's history.
Group Booking Improvements
For full year 2024, 4.2 million definite group room nights on the books, with total group revenue pace up by approximately 5% compared to the previous year.
Significant Liquidity and Shareholder Returns
Repurchased 3.5 million shares worth $57 million in the quarter, maintaining $2.3 billion in total available liquidity.
---
HST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $17.99 | $18.00 | +0.06% |
| Jul 31, 2024 | $17.32 | $16.56 | -4.39% |
| May 01, 2024 | $18.42 | $18.04 | -2.06% |
| Feb 21, 2024 | $19.57 | $20.00 | +2.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Host Hotels & Resorts (HST) report earnings?
Host Hotels & Resorts (HST) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Host Hotels & Resorts (HST) earnings time?
Host Hotels & Resorts (HST) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HST EPS forecast?
HST EPS forecast for the fiscal quarter 2024 (Q4) is $0.13.
---