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Diamondrock Hospitality (DRH)
:DRH
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.1Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 5.00%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with both positive trends in urban RevPAR growth, effective cost management, and a strong group revenue increase. However, these were balanced by challenges in the resort portfolio, a decline in food and beverage revenue, and downward revisions in adjusted EBITDA and FFO guidance. The sentiment reflects cautious optimism amidst an unsettled economic environment.Company Guidance
During DiamondRock Hospitality Company's First Quarter 2025 Earnings Conference Call, the company provided several key metrics and guidance for the year. The company reported that comparable Revenue Per Available Room (RevPAR) increased by 2% over 2024, while total RevPAR rose by 1.6%. Urban hotels drove the RevPAR growth, with a 5% increase and a notable contribution from group and business transient segments. Despite a 3.3% decline in food and beverage revenue at urban hotels primarily due to the Chicago Marriott, excluding this property, food and beverage revenues increased by 5.5%. Total expenses in the urban portfolio rose by 2.1%, mainly due to a 1.5% increase in wages and benefits, while hotel adjusted EBITDA margins improved by 54 basis points. In contrast, the resort portfolio saw a 2.1% decline in comparable RevPAR, partly attributed to a calendar shift affecting March performance. Despite this, the Heights and Bale properties experienced a successful ski season, with RevPAR and total RevPAR increasing by 7% and 9.5%, respectively. First-quarter group room revenues across the portfolio increased by 10.4% on a 5.2% rise in room nights. For 2025, the company revised its full-year RevPAR growth outlook to a range of minus 1% to plus 1%, a reduction of about 200 basis points from previous guidance. Corporate adjusted EBITDA is expected to range from $270 to $295 million, with adjusted FFO per share remaining unchanged at $0.94 to $1.06. The company also repurchased 1.4 million shares in the first quarter and continued repurchases after quarter-end, reflecting a focus on driving shareholder value through prudent capital allocation.Urban Portfolio RevPAR Growth
Comparable RevPAR increased 2% over 2024, and total RevPAR increased 1.6%. The urban footprint was the primary driver, with a 5% increase, particularly driven by group and business transient segments.
Cost Management Success
Resort expenses were reduced by 24% compared to 2024, expanding hotel adjusted EBITDA margin by 76 basis points to 32.5%.
Strong Group Room Revenue
First-quarter group room revenues increased 10.4% over last year on a 5.2% increase in room nights. Urban Hotels saw a 14.4% increase in group revenues.
Improved Free Cash Flow
Free cash flow per share in the trailing four quarters increased 10% to 63¢ per share over the prior four-quarter period.
Share Repurchase Program
Repurchased 1.4 million shares of common stock at an average price of $7.85, with a $160 million capacity remaining for further repurchases.
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 |
|---|---|---|---|
May 01, 2025 | $7.40 | $7.62 | +2.97% |
Feb 27, 2025 | $8.09 | $8.14 | +0.62% |
Nov 07, 2024 | $8.92 | $8.93 | +0.11% |
Aug 01, 2024 | $7.78 | $7.78 | 0.00% |
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 Hospitality (DRH) report earnings?
Diamondrock Hospitality (DRH) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Diamondrock Hospitality (DRH) earnings time?
Diamondrock Hospitality (DRH) earnings time is at Aug 07, 2025, TBA Not 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 2025 (Q2) is 0.19.