Based in Bethesda, Maryland, Host Hotels & Resorts, Inc. (HST) is a leading real estate investment trust (REIT) specializing in the ownership and management of upscale hotels. With a market cap of $12.82 billion, Host Hotels is renowned for its diverse portfolio of premium properties and commitment to enhancing guest experiences across various markets, including urban, resort, and convention destinations. The company is set to announce its fiscal Q2 earnings results after the market closes on Wednesday, Jul. 24.
Ahead of the event, analysts expect HST to report funds from operations (FFO) of $0.56 per share, up 5.7% from $0.53 per share in the year-ago quarter. In the last four quarters, the company has surpassed or matched Wall Street’s bottom-line estimates in three and missed on another occasion.
