Host Hotels & Resorts Bottom Line Retreats 11% In Q3

(RTTNews) - Host Hotels & Resorts (HST) announced a profit for third quarter that fell compared to the same period last year.

The company said its bottom line totaled $247 million, or $0.33 per share. This was down from $278 million, or $0.37 per share, in last year's third quarter.

The company said revenue for the quarter fell 3.8% to $1.25 billion. This was down from $1.30 billion last year.

Host Hotels & Resorts earnings at a glance:

-Earnings (Q3): $247 Mln. vs. $278 Mln. last year. -Earnings Decline (Y-o-Y): -11.2% -EPS (Q3): $0.33 vs. $0.37 last year. -EPS Decline (Y-o-Y): -10.8% -Revenue (Q3): $1.25 Bln vs. $1.30 Bln last year. -Revenue Change (Y-o-Y): -3.8%

-Guidance: Full year EPS guidance: $1.65 to $1.67