Diamondrock Hospitality Co expected to post earnings of 2 cents a share - Earnings Preview

DiamondRock Hospitality Co

30/04/2024 22:47

* Diamondrock Hospitality Co  DRH.N   DRH  is expected
to show a
rise in quarterly revenue when it reports  results on May 2 for
the period ending March 31 2024
    * The Bethesda Maryland-based  company is expected to report
a
2.2% increase in revenue to $248.908 million from $243.55
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 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $10.25​, above​ its last closing price
of $8.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.18        0.18       0.18      Met     0.3
 Sep. 30 2023  0.23        0.24       0.26      Beat    9.5
 Jun. 30 2023  0.33        0.33       0.32      Missed  -4​
 Mar. 31 2023  0.18        0.18       0.18      Met     2.9
 ​​Dec.        0.21        0.21       0.23      Beat    10.9
 31 2022                                                
 Sep. 30 2022  0.25        0.25       0.28      Beat    10.3​
 Jun. 30 2022  0.31        0.30       0.36      Beat    19.3
 Mar. 31 2022  0.07        0.06       0.14      Beat    120.6
 This summary was machine generated April 30 at 21:46 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)