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Summary U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-...
DiamondRock Hospitality Company (DRH) Q4 2022 Earnings Conference Call February 21, 2023 8:30 AM ET Company Participants Briony Quinn - Senior Vice President and Treasurer Mark Brugger - President, Chief Executive Officer Jeff Donnelly - Executive Vice President and Ch...
The following slide deck was published by DiamondRock Hospitality Company in conjunction with their 2022 Q4 earnings call. For further details see: DiamondRock Hospitality Company 2022 Q4 - Results - Earnings Call Presentation
DiamondRock Hospitality press release ( NYSE: DRH ): Q4 FFO of $0.23 beats by $0.02 . Net income was $18.4M and earnings per diluted share was $0.07. Revenue of $255.1M (+34.3% Y/Y) beats by $3.56M . Comparable total revenues were $256.9M, a 22.6% increase over 202...
DIAMONDROCK HOSPITALITY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS PR Newswire Full Year 2022 Revenues 6.8% Above 2019 RevPAR Exceeds 2019 for 11th Consecutive Month BETHESDA, Md. , Feb. 21, 2023 /PRNewswire/ -- DiamondRock ...
Summary Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure dema...
Summary U.S. equity markets posted broad-based gains after the closely-watched CPI inflation report showed signs of easing inflationary pressures, strengthening the case for the Fed to slow its pace of rate hikes. Pushing its year-to-date gains to above 4% following a dismal year of per...
DiamondRock Hospitality ( NYSE: DRH ) on Wednesday reported preliminary Q4 comparable revenue grew 23.4% Y/Y and 8.5% from 2019. November comparable revenue increased 27.3% Y/Y and 7.1% from 2019, while December comparable revenue rose 10.5% Y/Y and 10.7% from 2019. "Diam...
Summary DiamondRock Hospitality REIT will likely post a full-year AFFO per share of in excess of $0.90, indicating the stock trades at just 9X AFFO. While that's cheap, it may get even cheaper as DiamondRock has started to buy back its own shares. I like the preferred shares as the ...
DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL PR Newswire BETHESDA, Md. , Dec. 20, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter 2...
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DIAMONDROCK HOSPITALITY DECLARES DIVIDENDS FOR SECOND QUARTER 2024 PR Newswire BETHESDA, Md. , June 3, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced that its Board of Directors has declared a quarterly cash dividend of...
DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL PR Newswire BETHESDA, Md. , May 29, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 20...
2024-05-20 11:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...