Diamondrock Hospitality Co reports results for the quarter ended March 31 - Earnings Summary

DiamondRock Hospitality Co

02/05/2025 05:21

Diamondrock Hospitality Co DRH.N reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 3 cents.  The mean expectation of four analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 2 cents to 5 cents per share.

Revenue fell 0.6% to $254.85 million from a year ago; analysts expected $256.13 million.

Diamondrock Hospitality Co's reported EPS for the quarter was 4 cents​.

The company reported quarterly net income of $9.4 million.

Diamondrock Hospitality Co shares had fallen by 4.9% this quarter and lost 18.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8% 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 4 "strong buy" or "buy," 8 "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 $9.00

This summary was machine generated from LSEG data May 2 at 04:20 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
Mar. 31 2025
0.17
0.19
Beat
Dec. 31 2024
0.21
0.24
Beat
Sep. 30 2024
0.27
0.26
Missed
Jun. 30 2024
0.32
0.34
Beat