Host Hotels & Resorts IncHST
▲ PositiveCapitalrelevance
Q2 earnings beat and raised guidance are positive financial results.
Impact on stocks 2
Real Estate
Host Hotels & Resorts IncCloud & Digital Infrastructure
Crown CastleCCI
Mentioned
Host Hotels & Resorts shares have fallen about 6% since its second-quarter earnings report, underperforming the S&P 500. The company reported adjusted funds from operations per share of 63 cents, beating the Zacks Consensus Estimate of 62 cents, with total revenues rising 3.4% year over year to $1.64 billion. Comparable hotel RevPAR increased 7% to $251.53, driven by higher room rates and strong leisure and group demand, including FIFA World Cup matches. Host Hotels raised its full-year 2026 guidance for comparable hotel RevPAR growth to 4.75-5.25% and adjusted EBITDAre to $1.82-$1.84 billion. The company also paid a 92-cent dividend in July, comprising a regular dividend of 20 cents and a special dividend of 72 cents.
Host Hotels & Resorts IncQ2 earnings beat and raised guidance are positive financial results.
Crown Castle