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Diamondrock (DRH)
NASDAQ:DRH
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrayed a company with clear operational and capital allocation strengths: record FFO, free cash flow growth, margin expansion, disciplined lower-percentage CapEx, successful renovations driving outsized returns, and a simplified balance sheet. These highlights outweigh near-term operating headwinds including a modest Q4 RevPAR decline, group demand softness, resort-specific disruptions, and expected labor cost increases. Guidance is measured and the firm emphasizes converting top-line performance into FFO/free cash flow growth. While there are identifiable near-term risks (first-quarter comps, booking shocks, and segment bifurcation), the strategic positioning and balance-sheet actions support a constructive outlook.Company Guidance
Record FFO and Strong Free Cash Flow
Full-year 2025 adjusted FFO per share of $1.08 (company record) and free cash flow per share of $0.69, a 6% increase over 2024 and a 22% increase versus 2023.
Robust Full-Year EBITDA
Corporate adjusted EBITDA for full-year 2025 of $297.6 million and fourth-quarter corporate adjusted EBITDA of $71.9 million.
Outperformance from Renovations
Renovated assets drove meaningful gains: Kimpton Palomar Phoenix saw nearly 20% EBITDA improvement and a 15-point RevPAR index gain by December; L’Auberge integration produced ~15% RevPAR growth and >25% EBITDA growth post-renovation.
Out-of-Room Spend Resilience
Total out-of-room RevPAR increased 0.6% in Q4, outperforming RevPAR by ~90 bps; resort out-of-room revenue per occupied room rose nearly 7% (strongest quarterly growth of 2025).
Food & Beverage Strength and Margin Expansion
Food & beverage revenue rose 1.4% (banquets & catering up >2%, outlets up 0.5%) with F&B margins expanding 120 bps and food & beverage profits increasing over 5% despite modest revenue growth.
Expense Discipline and Margin Improvement
Total hotel operating expenses declined 0.5% in Q4, driving an 82 bps expansion in hotel EBITDA margin; wages & benefits increased just 0.6% in the quarter, reflecting productivity gains.
Simplified, Flexible Balance Sheet
Redeemed Series A preferred shares; no secured debt or off-balance-sheet encumbrances; three fully prepayable term loans; no debt maturities until 2029 (with extension options); 70% of debt floating (incl. swaps). Preferred redemption yields a $0.03 tailwind to 2026 FFO per share.
Capital Allocation and Shareholder Returns
Repurchased 4.8 million common shares in 2025 at an average $7.72/share; paid $0.80 quarterly common dividend (plus $0.04 Q4 stub) representing a 33% FFO payout; 2026 dividend guidance of $0.90 per quarter and continued focus on buybacks when attractive.
Measured Five-Year CapEx Plan
Announced CapEx program of 7%–9% of revenues (~$80M–$100M/year) vs. peer average 10%–11% — expected to redirect >$100M (cumulative) or ~$0.50 per share to higher-return uses over five years.
2026 Guidance with Modest Growth Expected
Guidance calls for 2026 RevPAR growth of 1%–3% (total RevPAR ~25 bps higher), adjusted EBITDA $287M–$302M, and midpoint-implied ~4% increase in free cash flow per share; 2026 CapEx expected $80M–$90M.
DRH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DRH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $10.33 | $10.04 | -2.81% |
Nov 06, 2025 | $8.21 | $8.96 | +9.14% |
Aug 07, 2025 | $7.61 | $7.50 | -1.43% |
May 01, 2025 | $7.25 | $7.47 | +2.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Diamondrock (DRH) report earnings?
Diamondrock (DRH) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is Diamondrock (DRH) earnings time?
Diamondrock (DRH) earnings time is at Apr 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DRH EPS forecast?
DRH EPS forecast for the fiscal quarter 2026 (Q1) is 0.04.