WASHINGTON (dpa-AFX) - Pebblebrook Hotel Trust (PEB) announced a profit for its second quarter that increased from the same period last year.
The company's earnings came in at $58.3 million, or $0.78 per share. This compares with $43.7 million, or $0.57 per share, in last year's second quarter.
Excluding items, Pebblebrook Hotel Trust reported adjusted earnings of $56.0 million or $0.81 per share for the period.
The company's revenue for the quarter rose 0.4% to $206.50 million from $205.72 million last year.
Pebblebrook Hotel Trust earnings at a glance:
-Earnings (Q2): $56.0 Mln. vs. $52.1 Mln. last year. -EPS (Q2): $0.81 vs. $0.75 last year. -Revenue (Q2): $206.50 Mln vs. $205.72 Mln last year.
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