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Host Hotels & Resorts Inc Narrows FY 2013 Guidance; Narrows FY 2013 Comparable Hotel RevPAR Guidance


Friday, 2 Aug 2013 06:00am EDT 

Host Hotels & Resorts Inc announced that for fiscal 2013, it expects comparable hotel RevPAR to increase 5.5% to 6.25%, earnings per diluted share should range from approximately $0.34 to $0.38, net income should range from $265 million to $290 million, NAREIT FFO per diluted share should range from approximately $1.24 to $1.27, Adjusted FFO per diluted share should range from approximately $1.28 to $1.32 and Adjusted EBITDA should be approximately $1.290 billion to $1.315 billion. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.38, net income of $286 million, FFO of $1.30 and EBITDA of $1.312 billion for fiscal 2013. 

Company Quote

23.24
0.07 +0.30%
1:01pm EST