earnings
confidence high
sentiment positive
materiality 0.75
Pebblebrook Q2 net income $24.9M, RevPAR +6.5%; raises full-year outlook; new $50M preferred buyback
Pebblebrook Hotel Trust
2026-Q2 EPS
reported -$0.08
vs consensus $0.10
▼ miss
(-179.2%)
- Net income $24.9M vs $19.3M in Q2 2025; Adjusted FFO per share $0.68, above high end of outlook.
- Same-Property RevPAR +6.5% (ADR +4.7%, occupancy +1.7%); resorts and San Francisco led growth.
- Full-year 2026 outlook raised: Adjusted EBITDAre $345-353M (midpoint +$8.5M), Adjusted FFO $1.69-1.76.
- Sold Chamberlain West Hollywood for $43.5M; retired preferred shares at 23% discount to liquidation preference.
- Board authorized new $50M preferred share repurchase program; $45.6M remains under current program.