Pebblebrook Hotel (NYSE:PEB) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.09 by 33.33 percent. This is a 200 percent increase over losses of $(0.12) per share from the same period last year.
Why Several Bank Stocks Are Moving Higher Thursday
Shares of several bank stocks are trading higher Thursday following the Federal Reserve's stress test results, which showed all 23 banks tested remained above their minimum capital requirements during a hypothetical recession.