The earnings call highlights strong EBITDA performance, efficient cost control, and positive future outlooks, particularly for San Francisco and 2026. However, challenges remain in Los Angeles and Q3 is expected to be weak, influenced by macroeconomic factors. Despite some headwinds, the outlook for 2026 is strong.

Company Guidance -

Q3 2025

In Pebblebrook Hotel Trust's second quarter 2025 earnings call, the company reported a strong performance with adjusted EBITDA reaching $117 million, $6.5 million above the midpoint of their guidance. Adjusted FFO was $0.65 per share, exceeding expectations by $0.06. Same-property hotel EBITDA totaled $115.8 million, surpassing the midpoint by $1.8 million. Despite a $2.2 million EBITDA headwind from Los Angeles, the rest of the portfolio compensated for the underperformance. Excluding Los Angeles, same-property total RevPAR increased by 2.7%, with a 4.1% rise in their urban portfolio, backed by a 15.2% RevPAR growth in San Francisco. The company also highlighted a 1.7% rise in same-property hotel expenses year-over-year, with per occupied room expenses decreasing by 0.8%. Pebblebrook plans to continue leveraging AI technologies to improve efficiency and expects favorable macroeconomic conditions to enhance their performance in 2026.

Strong Same-Property Hotel EBITDA

Same-property hotel EBITDA totaled $115.8 million for the quarter, $1.8 million ahead of the midpoint, and increased by $2.5 million over the prior year quarter when adjusted for certain factors.

Adjusted EBITDA and FFO Surpass Expectations

Adjusted EBITDA was $117 million, $6.5 million above the midpoint, and adjusted FFO came in at $0.65 per share, $0.06 ahead of the midpoint.

San Francisco Performance Surge

San Francisco led the portfolio with RevPAR climbing a robust 15.2% due to a stronger convention calendar and increased business and leisure travel.

Successful Cost Control Measures

Same-property hotel expenses, excluding fixed costs, rose just 1.7% year-over-year, with energy costs down 2.1% due to efficiency improvements.

Positive Outlook for 2026

Group room nights for 2026 are up nearly 9%, ADR is ahead by almost 4%, and group revenues are up by 13.1%, positioning Pebblebrook for a strong year.

Pebblebrook Hotel (PEB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PEB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	>-0.01 / -	0.24	―	―	―
Jul 29, 2025	2025 (Q2)	0.06 / 0.06	0.16	-62.50% (-0.10)
May 01, 2025	2025 (Q1)	-0.38 / -0.37	-0.32	-15.62% (-0.05)
Feb 26, 2025	2024 (Q4)	-0.39 / -0.51	-0.37	-37.84% (-0.14)
Nov 07, 2024	2024 (Q3)	>-0.01 / 0.24	-0.57	142.11% (+0.81)
Jul 24, 2024	2024 (Q2)	0.08 / 0.16	0.24	-33.33% (-0.08)
Apr 23, 2024	2024 (Q1)	-0.45 / -0.32	-0.27	-18.52% (-0.05)
Feb 21, 2024	2023 (Q4)	-0.37 / -0.37	-0.34	-8.82% (-0.03)
Oct 26, 2023	2023 (Q3)	0.05 / -0.57	0.1	-670.00% (-0.67)	―
Jul 27, 2023	2023 (Q2)	0.20 / 0.24	0.12	100.00% (+0.12)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PEB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$10.54	$10.03	-4.84%
May 01, 2025	$9.13	$9.13	0.00%
Feb 26, 2025	$11.73	$12.24	+4.35%
Nov 07, 2024	$13.22	$12.91	-2.34%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pebblebrook Hotel (PEB) report earnings?

Pebblebrook Hotel (PEB) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Pebblebrook Hotel (PEB) earnings time?

Pebblebrook Hotel (PEB) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PEB EPS forecast?

PEB EPS forecast for the fiscal quarter 2025 (Q3) is >-0.01.

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