UPDATE: Host Hotels Q3 Revenue Up 6.5%

Host Hotels & Resorts HST posted a wider third-quarter loss. Host Hotels now expects earnings for the year of $0.15 to $0.17 per share, versus its earlier forecast of $0.14 to $0.19 per share. Host Hotels posted a quarterly loss of $34 million, versus a year-ago loss of $33 million. Its per-share loss came in at $0.05. Its revenue climbed 6.5% to $1.2 billion. However, analysts were expecting a loss of $0.02 per share on revenue of $1.21 billion. Its operating costs and expenses increased 5.8%, while adjusted funds from operations rose to $0.21 per share versus $0.16 per share. Host Hotels shares closed at $15.53 yesterday.