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Pebblebrook Hotel (PEB)
NYSE:PEB
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.09Last Year’s EPS
0.16Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 0.00%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong performance in several key markets and operational efficiencies, but also highlighted significant challenges such as the impact of the LA wildfires and softening demand due to economic uncertainties. While the first quarter exceeded expectations, the outlook for the second half of the year is cautious.Company Guidance
During the first quarter of 2025, the company's financial performance surpassed expectations, despite economic challenges and wildfires in Los Angeles. Key metrics included same-property hotel EBITDA at $62.3 million, exceeding the outlook midpoint by $4.3 million, and adjusted EBITDA at $56.6 million, which was $4.1 million above the midpoint. Adjusted FFO reached $0.16 per share, also above the forecast. Portfolio-wide efficiency improvements and cost reductions played a significant role in this outperformance. Although same-property hotel RevPAR was at the low end of the outlook, the company's resorts experienced strong performance with a 2.1% increase in total RevPAR and an 8.2% rise at resorts. Washington DC and San Francisco showed notable RevPAR growth of 14.7% and 13%, respectively, while La Playa in Naples recorded a 22% surge in total RevPAR, highlighting the strength and resilience of the portfolio. Despite some softening in March, particularly from government and international travel, the company remains cautious about the second half of the year due to broader economic uncertainties, adjusting its full-year guidance accordingly.Strong Portfolio Performance
The company exceeded expectations for Q1 2025, with strong occupancy gains and elevated ancillary revenue at resorts. Same-property hotel EBITDA totaled $62.3 million, surpassing the midpoint of their outlook by $4.3 million.
Significant Recovery in Key Markets
Washington DC delivered a 14.7% RevPAR increase, while San Francisco saw a 13% increase, driven by business group and transient travel. Portland and Chicago also showed strong results with RevPAR growth of 7.5% and 7.1% respectively.
Operational Efficiencies and Cost Control
Hotel expenses rose only 3.7% year-over-year, significantly below the low end of the expense growth outlook, due to operating efficiencies and cost control measures.
Robust Cash Position
The company maintains a strong balance sheet with $218 million in cash and over $640 million of available capacity on their unsecured revolver.
La Playa's Outstanding Recovery
La Playa in Naples saw a 22% RevPAR surge and nearly 30% increase in hotel EBITDA year-over-year, with business interruption income for the quarter exceeding expectations.
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PEB 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
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PEB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 01, 2025 | $9.14 | $9.14 | 0.00% |
| Feb 26, 2025 | $11.74 | $12.25 | +4.34% |
| Nov 07, 2024 | $13.24 | $12.93 | -2.34% |
| Jul 24, 2024 | $13.47 | $13.59 | +0.89% |
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.
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FAQ
When does Pebblebrook Hotel (PEB) report earnings?
Pebblebrook Hotel (PEB) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Pebblebrook Hotel (PEB) earnings time?
Pebblebrook Hotel (PEB) earnings time is at Jul 24, 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 PEB EPS forecast?
PEB EPS forecast for the fiscal quarter 2025 (Q2) is 0.09.
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