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

Xenia Hotels & Resorts

02/08/2024 05:41

* Xenia Hotels & Resorts Inc  XHR.N  reported quarterly
adjusted
earnings of 15 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 12 cents.  The mean expectation of four analysts
for the quarter was for earnings of 11 cents per share. Wall
Street expected results to range from 8 cents to 15 cents per
share.
    * Revenue rose 0.7% to $272.90 million from a year ago;
analysts
expected $275.66 million. 
    * Xenia Hotels & Resorts Inc's reported EPS for the quarter
was 15
cents​.
    * The company reported quarterly net income of $15.34
million.
    * Xenia Hotels & Resorts Inc shares had fallen by 3.1% this
quarter and gained 1.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is  "hold."

Wall Street's median 12-month price target for Xenia Hotels &
Resorts Inc is $17.00 
This summary was machine generated from LSEG data August 2 at
04:41 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 2024      0.48           0.52           Beat
 Mar. 31 2024      0.36           0.44           Beat
 Dec. 31 2023      0.37           0.41           Beat
 Sep. 30 2023      0.27           0.26           Missed