Investing.com - Host Hotels Resorts reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Host Hotels Resorts announced earnings per share of $-0.44 on revenue of $198M. Analysts polled by Investing.com anticipated EPS of $-0.44 on revenue of $236.11M.
Host Hotels Resorts shares are down 43% from the beginning of the year and are trading at $10.48 , down-from-52-week-high.They are under-performing the S&P 500 which is up 6.58% from the start of the year.
Host Hotels Resorts follows other major Services sector earnings this month
Host Hotels Resorts's report follows an earnings beat by Amazon.com on Thursday, October 29, 2020, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Visa A had beat expectations on Wednesday, October 28, 2020 with fourth quarter EPS of $1.12 on revenue of $5.1B, compared to forecast for EPS of $1.09 on revenue of $5B.
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