The highly anticipated financial results for the third quarter of Host Hotels & Resorts (NASDAQ: HST) are scheduled to be disclosed on Wednesday 6th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
Financial experts on Wall Street anticipate that the business is set to announce an estimated $0.10 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $1.3 billion for this specific period.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.41 per share. This number was attributed to the company's total revenue, which settled at an impressive $1.21 billion during the same period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $5.62 billion. Moreover, they anticipate the company to disclose profit of $1 per share for the fiscal year.
HST will host a conference call with investment community on 7th November 2024 at 10:00 AM eastern time to discuss the financial results.
Throughout Friday's trading, Host Hotels & Resorts (HST) shares fluctuated between $17.20 and $17.55, with a trading volume of 4.41 million shares. The stock ended the regular trading session at $17.33, showing a rise of 0.52 percent.