Pebblebrook Hotel Q1 FFO $0.16 Beats $0.12 Estimate, Sales $320.27M Beat $311.98M Estimate

Pebblebrook Hotel (NYSE:PEB) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.12 by 33.33 percent. This is a 23.81 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $320.27 million which beat the analyst consensus estimate of $311.98 million by 2.66 percent. This is a 1.97 percent increase over sales of $314.07 million the same period last year.