PEB Q3 2023 Earnings — Pebblebrook Hotel Trust Revenue & Financial Results | Market Cap Arena

PEBPebblebrook Hotel Trust

$1B

Q3 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$396M-5.0% YoY

Gross Profit

$113M28.6% margin

Operating Income

-$26M-6.6% margin

Net Income

-$57M-14.4% margin

EPS (Diluted)

$-0.57

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$40M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$3.1B

Stockholders' Equity

$2.8B

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$396M	$417M	-5.0%
Gross Profit	$113M	$131M	-13.3%
Operating Income	-$26M	$52M	-149.9%
Net Income	-$57M	$25M	-327.9%

Revenue Segments

Occupancy

$259M66%

Food and Beverage

$92M23%

Hotel, Other

$45M11%

Geographic Segments

San Diego, California

$96M24%

Boston, Massachusetts

$76M19%

Los Angeles, California

$51M13%

San Francisco, California

$44M11%

Southern Florida And Georgia

$43M11%

Portland, Oregon

$25M6%

Other

$23M6%

Chicago, Illinois

$22M6%

DISTRICT OF COLUMBIA

$17M4%