Diamondrock Hospitality Co reports results for the quarter ended June 30 - Earnings Summary
Diamondrock Hospitality Co reports results for the quarter ended June 30 - Earnings Summary
Diamondrock Hospitality Co DRH.OQ reported quarterly adjusted earnings of 44 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of five analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 21 cents to 22 cents per share.
Revenue rose 4.1% to $318.29 million from a year ago; analysts expected $314.56 million.
Diamondrock Hospitality Co's reported EPS for the quarter was 44 cents.
The company reported quarterly net income of $90.48 million.
Diamondrock Hospitality Co shares had risen by 6.0% this quarter and gained 44.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for Diamondrock Hospitality Co is $12.50, about 3.3% below its last closing price of $12.91
This summary was machine generated from LSEG data July 31 at 08:00 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.36 | 0.44 | Beat |
Mar. 31 2026 | 0.19 | ||
Dec. 31 2025 | 0.23 | 0.27 | Beat |
Sep. 30 2025 | 0.25 | 0.29 | Beat |
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