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

Xenia Hotels & Resorts

31/10/2023 22:41

* Xenia Hotels & Resorts Inc  XHR.N  reported a quarterly
adjusted
loss of 8 cents​​ per share for the quarter ended in September,
lower than the same quarter last year, when the company reported
EPS of -1 cents.  The mean expectation of four analysts for the
quarter was for a loss of 5 cents per share. Wall Street
expected results to range from -7 cents to -3 cents per share.
    * Revenue fell 3.6% to $232.02 million from a year ago;
analysts
expected $232.48 million. 
    * Xenia Hotels & Resorts Inc's reported EPS for the quarter
was a
loss of 8 cents​.
    * The company reported a quarterly loss of $8.53 million.
    * Xenia Hotels & Resorts Inc shares had fallen by 1.7% this
quarter and lost 12.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.3%
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 "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Xenia Hotels &
Resorts Inc is $14.00 
This summary was machine generated from LSEG data October 31 at
10:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.27           0.26           Missed
 Jun. 30 2023      0.46           0.47           Beat
 Mar. 31 2023      0.39           0.40           Beat
 Dec. 31 2022      0.37           0.41           Beat