Diamondrock Hospitality Co expected to post earnings of 17 cents a share - Earnings Preview

DiamondRock Hospitality Co

31/07/2024 01:08

* Diamondrock Hospitality Co  DRH.N   DRH  is expected
to show a
rise in quarterly revenue when it reports  results on August 1
for the period ending June 30 2024
    * The Bethesda Maryland-based  company is expected to report
a
3.6% increase in revenue to $301.77 million from $291.25 million
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Diamondrock Hospitality
Co is
for earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Diamondrock
Hospitality Co is $10.00​, above​ its last closing price
of $8.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.16        0.16       0.17      Beat    4.3
 Dec. 31 2024  0.18        0.24       0.18      Missed  0.3
 Jan. 1 0001   0.23        0.24       0.26      Beat    9.5​
 Jan. 1 0001   0.33        0.33       0.32      Missed  -4
 ​​Mar.        0.18        0.18       0.18      Met     2.9
 31 2023                                                
 Dec. 31 2022  0.21        0.21       0.23      Beat    10.9​
 Jan. 1 0001   0.25        0.25       0.28      Beat    10.3
 Jun. 30 2022  0.31        0.30       0.36      Beat    19.3
 This summary was machine generated July 31 at 00:08 GMT.  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)