Pebblebrook just posted $0.68 AFFO against a $0.62 consensus and raised full-year guidance. The spread between its best and worst markets tells a more interesting story than the beat itself.
Pebblebrook's stock is up 60% this year, the CEO was buying shares at $17 while analysts still had "Hold" ratings, and Q2 earnings land July 28. The gap between insider conviction and Street consensus tells you more than either number alone.
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