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Pebblebrook Hotel Trust Reports Q4 Loss and Revenue Increase

Pebblebrook Hotel Trust (PEB) has reported a fourth-quarter net loss of $61.12 million or $0.51 per share. Despite the loss, revenues increased slightly to $337.6 million from $334.1 million last year.

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AI Rating:   4

Financial Performance Highlights:

Pebblebrook Hotel Trust reported a fourth-quarter net loss of $61.12 million, amounting to a loss of $0.51 per share, which deepened compared to a net loss of $44.96 million or $0.37 per share from the previous year. This represents a deterioration in profitability and could negatively impact investor perception.

Furthermore, the Adjusted Funds from Operations (FFO) were reported at $23.9 million or $0.20 per share, down from $24.9 million or $0.21 per share in the same period last year. The decline in FFO may raise concerns regarding the company’s ability to generate sufficient cash flow relative to its operational needs.

On a more positive note, the revenues for the quarter were $337.6 million, showing a marginal increase from $334.1 million last year. This slight growth in revenue could provide some reassurance, indicating that the company is able to sustain its sales even amid losses.