NEW YORK (TheStreet) -- Shares of Host Hotels & Resorts (HST - Get Report) are rising 1.14% to $17.33 late Thursday afternoon ahead of the company's 2016 second quarter results, due out before tomorrow's opening bell.

Analysts are projecting that funds from operations and revenue will increase year-over-year.

Wall Street is expecting the Bethesda, MD-based real estate investment trust to post funds from operations of 49 cents per share on revenue of $1.47 billion.

Funds from operations is a key metric in the REIT industry, which takes net income and adds back items such as depreciation and amortization.

During the same quarter last year, the company reported adjusted funds from operations of 46 cents per share on revenue of $1.45 billion.

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.

The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, reasonable valuation levels, good cash flow from operations and growth in earnings per share. 

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: HST