We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Host Hotels Gears Up to Report Q3 Earnings: Key Factors to Consider
Read MoreHide Full Article
Key Takeaways
HST is set to report Q3 earnings on Nov. 4, with revenues and AFFO per share expected to rise.
HST's Q3 revenues are projected to grow 3.8%, while AFFO per share is expected to rise 8.6%.
Strong leisure and group demand may boost RevPAR and margins, though higher interest expenses remain a woe.
Host Hotels & Resorts, Inc. (HST - Free Report) is scheduled to release third-quarter 2026 earnings results on Nov. 4, after market close. The company’s quarterly results are likely to display a year-over-year rise in revenues and adjusted funds from operations (AFFO) per share.
In the previous quarter, this Bethesda, MD-based lodging real estate investment trust (REIT) reported an AFFO per share of 63 cents, which surpassed the Zacks Consensus Estimate of 62 cents. The results reflected higher room rates, leisure transient demand and group business.
Over the trailing four quarters, Host Hotels’ AFFO per share surpassed estimates on all occasions, with the average surprise being 5.63%. The graph below depicts this surprising history:
Host Hotels & Resorts, Inc. Price and EPS Surprise
Host Hotels & Resorts benefits from a portfolio of luxury and upper-upscale hotels across key U.S. markets, including gateway cities and resort destinations. The company’s properties are strategically positioned in high-demand locations, which continue to support steady room pricing.
Continued strength in leisure travel demand, healthy group demand and higher room rates, is likely to have supported revenue per available room (RevPAR) growth in the to-be-reported quarter. On its second-quarter earnings call, management indicated that group booking pace for the third quarter had improved to positive low-single digits, suggesting a favorable backdrop for group revenues in the third quarter.
Host Hotels’ disciplined capital allocation strategy and ongoing reinvestment in its portfolio are likely to have enhanced asset quality and strengthened its competitive positioning. This, along with rate-led growth, is expected to have aided EBITDA growth and modest margin expansion, even in a rising cost environment.
However, elevated interest expenses are expected to have acted as a headwind to bottom-line growth during the third quarter.
Q3 Estimates for HST
The Zacks Consensus Estimate for HST’s quarterly revenues is presently pegged at $1.38 billion, implying growth of 3.8% from the prior-year period’s reported figure.
The Zacks Consensus Estimate for quarterly RevPAR is pinned at $217.45, indicating an increase from $208.07 reported in the year-ago quarter.
The consensus mark for the average occupancy rate in the third quarter is pegged at 69.80%, implying an increase from the prior-year quarter’s reported figure of 69.6%.
The company’s activities during the to-be-reported quarter were adequate to garner analysts’ confidence. The Zacks Consensus Estimate for AFFO per share has moved northward to 38 cents over the past three months. The figure implies an 8.6% rise from the year-ago reported number.
We expect third-quarter 2026 interest expenses to rise 2.6% year over year.
What Our Quantitative Model Predicts for HST
Our proven model predicts a likely surprise in terms of AFFO per share for Host Hotels this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an AFFO beat, which is the case here.
Host Hotels currently has an Earnings ESP of +3.24% and carries a Zacks Rank of 3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Other Stocks That Warrant a Look
Here are two stocks from the broader REIT industry — Park Hotels & Resorts (PK - Free Report) and RLJ Lodging Trust (RLJ - Free Report) — that you may want to consider, as our model shows that these have the right combination of elements to report a surprise this quarter.
RLJ Lodging is slated to report quarterly numbers on Nov. 4. The company has an Earnings ESP of +6.25% and a Zacks Rank of 2 at present.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
View the Zacks #1 Rank List
Image: Bigstock
Host Hotels Gears Up to Report Q3 Earnings: Key Factors to Consider
Key Takeaways
Host Hotels & Resorts, Inc. (HST - Free Report) is scheduled to release third-quarter 2026 earnings results on Nov. 4, after market close. The company’s quarterly results are likely to display a year-over-year rise in revenues and adjusted funds from operations (AFFO) per share.
In the previous quarter, this Bethesda, MD-based lodging real estate investment trust (REIT) reported an AFFO per share of 63 cents, which surpassed the Zacks Consensus Estimate of 62 cents. The results reflected higher room rates, leisure transient demand and group business.
Over the trailing four quarters, Host Hotels’ AFFO per share surpassed estimates on all occasions, with the average surprise being 5.63%. The graph below depicts this surprising history:
Host Hotels & Resorts, Inc. Price and EPS Surprise
Host Hotels & Resorts, Inc. price-eps-surprise | Host Hotels & Resorts, Inc. Quote
Factors at Play for HST
Host Hotels & Resorts benefits from a portfolio of luxury and upper-upscale hotels across key U.S. markets, including gateway cities and resort destinations. The company’s properties are strategically positioned in high-demand locations, which continue to support steady room pricing.
Continued strength in leisure travel demand, healthy group demand and higher room rates, is likely to have supported revenue per available room (RevPAR) growth in the to-be-reported quarter. On its second-quarter earnings call, management indicated that group booking pace for the third quarter had improved to positive low-single digits, suggesting a favorable backdrop for group revenues in the third quarter.
Host Hotels’ disciplined capital allocation strategy and ongoing reinvestment in its portfolio are likely to have enhanced asset quality and strengthened its competitive positioning. This, along with rate-led growth, is expected to have aided EBITDA growth and modest margin expansion, even in a rising cost environment.
However, elevated interest expenses are expected to have acted as a headwind to bottom-line growth during the third quarter.
Q3 Estimates for HST
The Zacks Consensus Estimate for HST’s quarterly revenues is presently pegged at $1.38 billion, implying growth of 3.8% from the prior-year period’s reported figure.
The Zacks Consensus Estimate for quarterly RevPAR is pinned at $217.45, indicating an increase from $208.07 reported in the year-ago quarter.
The consensus mark for the average occupancy rate in the third quarter is pegged at 69.80%, implying an increase from the prior-year quarter’s reported figure of 69.6%.
The company’s activities during the to-be-reported quarter were adequate to garner analysts’ confidence. The Zacks Consensus Estimate for AFFO per share has moved northward to 38 cents over the past three months. The figure implies an 8.6% rise from the year-ago reported number.
We expect third-quarter 2026 interest expenses to rise 2.6% year over year.
What Our Quantitative Model Predicts for HST
Our proven model predicts a likely surprise in terms of AFFO per share for Host Hotels this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an AFFO beat, which is the case here.
Host Hotels currently has an Earnings ESP of +3.24% and carries a Zacks Rank of 3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Other Stocks That Warrant a Look
Here are two stocks from the broader REIT industry — Park Hotels & Resorts (PK - Free Report) and RLJ Lodging Trust (RLJ - Free Report) — that you may want to consider, as our model shows that these have the right combination of elements to report a surprise this quarter.
PK is scheduled to report quarterly numbers on Nov. 4, has an Earnings ESP of +0.70% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
RLJ Lodging is slated to report quarterly numbers on Nov. 4. The company has an Earnings ESP of +6.25% and a Zacks Rank of 2 at present.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.