DiamondRock Hospitality (DRH) Surpasses Q1 FFO and Revenue Estimates

Published on 5 May 2022 on Zacks via Yahoo Finance

DiamondRock Hospitality (DRH) Surpasses Q1 FFO and Revenue Estimates

DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.14 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of 100%. A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of $0.09 per share when it actually produced FFO of $0.09, delivering no surprise.

Over the last four quarters, the company has surpassed consensus FFO estimates two times.

Read the rest of the article

NASDAQ.FCRD price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

News

DiamondRock Hospitality (DRH) Surpasses Q1 FFO and Revenue Estimates

NASDAQ.FCRD price evolution

Want to become a better investor?

Crescent Capital BDC Inc Reports Solid Year-End Financials and Declares Dividends

First Eagle Alternative (FCRD) Just Flashed Golden Cross Signal: Do You Buy?

First Eagle Alternative (FCRD) Q3 Earnings and Revenues Surpass Estimates

First Eagle Alternative (FCRD) Matches Q2 Earnings Estimates

First Eagle Alternative (FCRD) Q1 Earnings and Revenues Lag Estimates

DiamondRock Hospitality (DRH) Surpasses Q1 FFO and Revenue Estimates

Medallion Financial (MFIN) Q1 Earnings and Revenues Surpass Estimates

Seacoast Banking (SBCF) Misses Q1 Earnings Estimates

10 Cheap Dividend Stocks to Buy Today

First Eagle Alternative (FCRD) Q4 Earnings and Revenues Miss Estimates