💨 Abstract

Host Hotels & Resorts Inc. (HST) reported strong second-quarter results, with funds from operations (FFO) of $400 million, or 58 cents per share, exceeding analyst estimates. The real estate investment trust also recorded net income of $221 million and revenue of $1.59 billion, both surpassing expectations. The company anticipates full-year FFO of $1.98 to $2.02 per share.

Courtesy: WTOP Staff