Pebblebrook Hotel Reflect its Acquisition of LaSalle Hotel Properties

0

Pebblebrook Hotel Trust (NYSE:PEB) revises its full-year 2018 and Q4 outlook to reflect its acquisition of LaSalle Hotel Properties on Nov. 30 and its sale of Grand Hotel Minneapolis on Dec. 4.

Sees 2018 adjusted FFO per diluted share of $2.37-$2.44, vs. prior view of $2.57-$2.64; sees adjusted EBITDAre of $250.3M-$255.3M vs. prior view of $243.9M vs. $248.9M.

Now sees Q4 adjusted FFO per diluted share of 27 cents-32 cents vs. prior view of 36 cents-43 cents; sees Q4 adjusted EBITDAre of $48.7M-$53.7M vs. prior view of $42.4M-$47.3M.

LEAVE A REPLY

Please enter your comment!
Please enter your name here