Xenia Hotels & Resorts Inc reports results for the quarter ended in December - Earnings Summary

Xenia Hotels & Resorts

27/02/2024 14:31

* Xenia Hotels & Resorts Inc  XHR.N  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 31 cents.  The mean expectation of
four analysts for the quarter was for earnings of 2 cents per
share. Wall Street expected results to range from zero cents
to 3 cents per share.
    * Revenue fell 3.7% to $253.38 million from a year ago;
analysts
expected $253.79 million. 
    * Xenia Hotels & Resorts Inc's reported EPS for the quarter
was 7
cents​.
    * The company reported quarterly net income of $7.6 million.
    * Xenia Hotels & Resorts Inc shares had fallen by 4.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Xenia
Hotels &
Resorts Inc is $14.00 

This summary was machine generated from LSEG data February 27 at
02:30 p.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
 Dec. 31 2023      0.37           0.41           Beat
 Sep. 30 2023      0.27           0.26           Missed
 Jun. 30 2023      0.46           0.47           Beat
 Mar. 31 2023      0.39           0.40           Beat