Stock Track | Pebblebrook Hotel Soars 6.77% as Q4 Earnings Beat Estimates, Analysts Turn Bullish

Stock Track

2025/02/27

Shares of Pebblebrook Hotel Trust (PEB) surged 6.77% on Thursday, driven by the company's better-than-expected fourth-quarter earnings report and positive analyst actions.

The hotel real estate investment trust (REIT) reported an adjusted loss of $0.31 per share for the quarter ended December 31, 2024, narrower than the consensus estimate of a $0.41 loss. Revenue for the quarter rose 1.1% year-over-year to $337.6 million, exceeding analysts' expectations of $330.58 million.

Following the solid quarterly results, analysts at Raymond James upgraded Pebblebrook Hotel to "Outperform" from "Market Perform," with a price target of $14. Additionally, Stifel Nicolaus reiterated its "Buy" rating on the stock and raised its price target to $16.50, citing the company's improving fundamentals and outlook.

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Additionally, Stifel Nicolaus reiterated its \"Buy\" rating on the stock and raised its price target to $16.50, citing the company's improving fundamentals and outlook.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEB","symbol_name":"Pebblebrook Hotel Trust","start_time":0,"source_url":"","article_id":"1173875449","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173875449","pubTimestamp":1740666778,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Pebblebrook Hotel Trust  surged 6.77% on Thursday, driven by the company's better-than-expected fourth-quarter earnings report and positive analyst actions.The hotel real estate investment trust  reported an adjusted loss of $0.31 per share for the quarter ended December 31, 2024, narrower than the consensus estimate of a $0.41 loss. 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