Pebblebrook Hotel Trust posts Q3 2026 earnings beat and raises 2026 adjusted FFO guidance
Pebblebrook Hotel Trust reported third‑quarter 2026 funds from operations of $0.63 per share on revenue of $402.75 million, both beating estimates. The company said same‑property RevPAR grew about 8% and hotel EBITDA margins expanded to 28.8%, driven by strong performance in urban and resort markets. Management raised its 2026 adjusted FFO outlook to $1.88‑$1.92 per share and lifted its NAV estimate to $23.50‑$27.50 per share. The firm also sold a non‑performing hotel for $10 million and repurchased 1.2 million shares.
Why it matters
The higher adjusted FFO guidance and NAV uplift suggest stronger cash‑flow generation and could support a higher share price, according to the company’s outlook. The share repurchase and debt reduction may improve per‑share metrics for investors.
Key facts
- 1Q3 2026 FFO was $0.63 per share, beating estimates by $0.09. finance.yahoo.com
- 2Revenue for the quarter was $402.75 million, beating estimates by $9.75 million. quiverquant.com
- 3Same‑property RevPAR grew 7.6%‑8% year‑over‑year. seekingalpha.com
- 4Hotel EBITDA margins expanded to 28.8% in the quarter. finance.yahoo.com
- 5Adjusted FFO guidance for 2026 was raised to $1.88‑$1.92 per share. seekingalpha.com
- 6NAV estimate was increased to $23.50‑$27.50 per share. finance.yahoo.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.