Pebblebrook Hotel Trust (PEB) Beats Q2 2026 EPS by 62% and Raises Guidance
As seen on the 24/7 Wall St. homepage on July 29, 2026.
Pebblebrook crushed a 62% EPS beat as resort demand surged and San Francisco's recovery accelerated, prompting management to raise full-year adjusted FFO guidance to $1.69 to $1.76 per share. San Francisco RevPAR jumped 16% year-over-year driven by corporate and tech conventions, while transient revenue climbed nearly 10% on 7% ADR growth across the portfolio.
Continue ReadingShow less
Pebblebrook reported Q2 2026 earnings per share of $0.17 against a consensus estimate of $0.105, a beat of roughly 62%. Revenue also came in ahead of expectations at $407.1 million versus the $398.4 million analysts had forecast, a margin of about 2%. The results extended a pattern of positive surprises: Pebblebrook has now beaten EPS estimates in five of the last six reported quarters.
The standout driver was San Francisco, where RevPAR jumped 16% year-over-year on the back of corporate travel and tech-sector conventions returning to the market. Across the broader portfolio, transient revenue climbed nearly 10% and average daily rate grew 7%, pointing to genuine pricing power rather than just occupancy fill.
Disclosure
1 INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA( www.finra.org )/SIPC( www.sipc.org ). 2 The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts. 3Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. 4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. (Sponsor)
Management responded to the results by raising full-year adjusted FFO guidance to a range of $1.69 to $1.76 per share. That upward revision is the figure to watch as the year progresses, since adjusted FFO is the key profitability metric for hotel REITs and a direct input into dividend sustainability discussions.
Mentioned: PEB