廣告
香港股市 已收市
  • 恒指

    19,553.61
    +177.08 (+0.91%)
     
  • 國指

    6,934.70
    +63.32 (+0.92%)
     
  • 上證綜指

    3,154.03
    +31.63 (+1.01%)
     
  • 滬深300

    3,677.97
    +37.61 (+1.03%)
     
  • 美元

    7.8021
    +0.0014 (+0.02%)
     
  • 人民幣

    0.9253
    +0.0005 (+0.05%)
     
  • 道指

    40,003.59
    +134.21 (+0.34%)
     
  • 標普 500

    5,303.27
    +6.17 (+0.12%)
     
  • 納指

    16,685.97
    -12.35 (-0.07%)
     
  • 日圓

    0.0499
    -0.0001 (-0.18%)
     
  • 歐元

    8.4777
    +0.0009 (+0.01%)
     
  • 英鎊

    9.9080
    +0.0260 (+0.26%)
     
  • 紐約期油

    80.00
    +0.77 (+0.97%)
     
  • 金價

    2,419.80
    +34.30 (+1.44%)
     
  • Bitcoin

    66,996.76
    +149.87 (+0.22%)
     
  • CMC Crypto 200

    1,370.71
    -3.14 (-0.23%)
     

Here's What Key Metrics Tell Us About DiamondRock Hospitality (DRH) Q1 Earnings

For the quarter ended March 2024, DiamondRock Hospitality (DRH) reported revenue of $256.42 million, up 5.3% over the same period last year. EPS came in at $0.17, compared to $0.03 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $250.16 million, representing a surprise of +2.51%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.16.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

廣告

Here is how DiamondRock Hospitality performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues- Other: $24.54 million versus the four-analyst average estimate of $23.18 million. The reported number represents a year-over-year change of +6.2%.

  • Revenues- Food and beverage: $68.38 million compared to the $61.78 million average estimate based on four analysts. The reported number represents a change of +14.4% year over year.

  • Revenues- Rooms: $163.51 million versus the four-analyst average estimate of $164.54 million. The reported number represents a year-over-year change of +1.8%.

  • Net Earnings (Loss) Per Share (Diluted): $0.03 versus $0.02 estimated by three analysts on average.

View all Key Company Metrics for DiamondRock Hospitality here>>>

Shares of DiamondRock Hospitality have returned -6.2% over the past month versus the Zacks S&P 500 composite's -4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

DiamondRock Hospitality Company (DRH) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research