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BETHESDA, Md. , May 16, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced the promotion of Stephen Spierto to Chief Accounting Officer effective as of May 15, 2024.
While the top- and bottom-line numbers for DiamondRock Hospitality (DRH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to FFO of $0.18 per share a year ago.
The headline numbers for DiamondRock Hospitality (DRH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.18 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.23 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for DiamondRock Hospitality (DRH), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
DiamondRock Hospitality Company (NYSE:DRH ) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Briony Quinn - Senior Vice President & Treasurer Mark Brugger - President & Chief Executive Officer Jeff Donnelly - Executive Vice President & Chief Financial Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Smedes Rose - Citi Duane Pfennigwerth - Evercore ISI Dori Kesten - Wells Fargo Securities Chris Woronka - Deutsche Bank Floris Van Dijkum - Compass Point Anthony Powell - Barclays Bank Dany Asad - Bank of America Bill Crow - Raymond James Chris Darling - Green Street Mike Bellisario - Baird Operator Good day, ladies and gentlemen. Thank you for standing by.
BETHESDA, Md. , Sept. 11, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2023 before the market opens on Wednesday, November 1, 2023.
DiamondRock Hospitality is an American company that operates as a REIT and is focused specifically on temporary accommodation properties. In 2023 and 2024, DiamondRock is expected to benefit from the capital expenditures made in the Hilton Boston Downtown/Faneuil Hall, Salt Lake City Marriott, and the Hilton Burlington Lake Champlain. I believe that further inflationary effects in the United States would most likely not affect the company as DiamondRock periodically changes the room prices to reflect the effects of inflation.
DiamondRock Hospitality Company (NYSE:DRH ) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Briony Quinn - SVP & Treasurer Mark Brugger - Co-Founder, President, CEO & Director Jeff Donnelly - EVP & CFO Troy Furbay - EVP & CIO Justin Leonard - EVP, Asset Management & COO Conference Call Participants Duane Pfennigwerth - Evercore ISI Anthony Powell - Barclays Bank Floris Van Dijkum - Compass Point Michael Bellisario - Robert W. Baird & Co. Chris Darling - Green Street Advisors Gregory Miller - Truist Securities Smedes Rose - Citigroup Operator Thank you for standing by, and welcome to the DiamondRock Hospitality Company Second Quarter 2023 Earnings Conference Call.