Quarterly ResultMay 8, 2026, 01:16 PM
Host Hotels Q1 Net Income $494M (+99%); EPS $0.72; Declares $0.92 Q2 Dividend
AI Summary
Host Hotels & Resorts reported a significant increase in net income and earnings per share for the first quarter of 2026. Net income attributable to Host Inc. rose to $494 million, a 99% increase from $248 million in Q1 2025, with basic EPS climbing to $0.72 from $0.35. Total revenues grew to $1,645 million, up from $1,594 million in the prior year period. These results were significantly bolstered by $242 million in other gains, primarily from the sale of three hotels for an aggregate of $1.1 billion. Additionally, the company declared a second-quarter cash dividend of $0.92 per share, which includes a special dividend of $0.72 per share.
Key Highlights
- Net income attributable to Host Hotels & Resorts, Inc. was $494 million, up 99% YoY.
- Basic earnings per common share for Host Inc. was $0.72, up 106% YoY.
- Total revenues increased to $1,645 million from $1,594 million (+3.2% YoY).
- Operating profit rose to $319 million from $285 million (+11.9% YoY).
- Recorded $242 million in other gains, primarily from $1.1 billion in hotel sales.
- Declared a Q2 cash dividend of $0.92 per share, including a $0.72 special dividend.
- Repurchased 4.0 million shares for $75 million in Q1 2026.
- Net cash provided by operating activities was $342 million, up 12.1% YoY.
Price Impact
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