Host Hotels & Resorts Maintains Guidance Range and Provides Update on the Impact of Coronavirus
Host Hotels & Resorts, Inc. (HST)
Last host hotels & resorts, inc. earnings: 2/19 04:31 pm
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Source: GlobeNewswire
BETHESDA, Md., March 02, 2020 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc.?(NYSE: HST), the nation's largest lodging real estate investment trust (the "Company"), today announced that, to date, Coronavirus (COVID-19) has negatively impacted its total revenues by approximately $14 million, net income by approximately $7 million and adjusted EBITDA by approximately $7 million, which amounts to a decrease of 0.5% at the mid-point of the Company’s 2020 adjusted EBITDA guidance range of $1,360 to $1,405 million. This current impact does not materially affect the Company’s previously announced 2020 guidance, which remains unchanged as of the date of this release. The current decline in operations has primarily been group business cancellations, particularly in California, and the Company is working closely with the operators of its properties as the COVID-19 situation continues to evolve. Due to the uncertainty regarding the duration and extent of the COVID-19 outbreak, the Compa
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HST
News
- Host Hotels & Resorts, Inc. (NASDAQ: HST) had its price target lowered by analysts at UBS Group AG from $20.00 to $19.00. They now have a "neutral" rating on the stock.MarketBeat
- Is Host Hotels & Resorts (HST) The Most Undervalued Hotel Stock To Invest In Now? [Yahoo! Finance]Yahoo! Finance
- Host Hotels & Resorts, Inc. (NASDAQ: HST) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Here's Why Host Hotels (HST) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
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HST
Earnings
- 11/6/24 - In-Line
HST
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- 11/6/24 - Form 8-K
- HST's page on the SEC website