NEW YORK (TheStreet) -- Host Hotels and Resorts (HST) shares are down 3.9% to $22.62 in early market trading on Thursday after the real estate investment trust operator missed fourth quarter earnings estimates and warned of 2015 headwinds due to a strengthening dollar.
The company reported a fourth quarter profit of 40 cents per share, one cent better than the 39 cents per share analysts were expecting for the period. Host Hotels generated $1.32 billion in revenue during the period, a 0.8% decline from the same quarter last year, falling short of analysts $1.35 billion estimates.
The company also issued full year 2015 earnings guidance between $1.52 and $1.55 per share, below analysts' $1.65 expectations.
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TheStreet Ratings team rates HOST HOTELS & RESORTS INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate HOST HOTELS & RESORTS INC (HST) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins."
Highlights from the analysis by TheStreet Ratings Team goes as follows: