Warns That Blackwells Will Seek to Recover All Improper Expenditures by Mr. Bennett and the Board Invites Shareholders to Visit www.NoMoreMonty.com for More Information on Blackwells' Campaign NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC ("Blackwells"), a shareholder of Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") (NYSE:BHR), today released a presentation entitled "The Buffoonery of Monty Bennett", which may be found at https://nomoremonty.com/letters- presentations/. Jaso ...

Blackwells Highlights Braemar's Overt Support of Ashford's Entrenchment Tactics Blackwells Will Hold Braemar Board and Monty Bennett to Account for Unprecedented Destruction of Shareholder Value at Braemar NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- On May 14, 2024, Braemar Hotels & Resorts Inc. ("Braemar") (NYSE:BHR) issued a bizarre press congratulating Ashford's "victory" after stockholders voted out Chairman Monty J. Bennett and director Kamal Jafarnia, and both directors were forced to tender their resi ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fu ...

DALLAS, May 14, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that, based on estimated preliminary results, Blackwells Capital LLC's ("Blackwells") withhold proxy campaign at Ashford Hospitality Trust, Inc. ("Ashford Trust") proved to be a failure, as only 7% of Ashford Trust's outstanding shares voted on the Blackwells proxy card. Ashford Trust announced earlier today that seven of its nine nominees received a majority of the votes cast and the ...

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. | --- | --- | --- | --- | |-------|-----------------|-------|-----------------------------------------------| | | | | | | Date: | May 9, 2024 | By: | /s/ RICHARD J. STOCKTON | | | | | Richard J. Stockton | | | | | President and Chief Executive Officer | | Date: | May 9, 2024 | By: | /s/ DERIC S. EUBANKS | | | | | Deric S. Eub ...

Braemar Hotels & Resorts Inc. (NYSE:BHR) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Jordan Jennings – Director-Investor Relations Richard Stockton – President and Chief Executive Officer Deric Eubanks – Chief Financial Officer Chris Nixon – Executive Vice President and Head-Asset Management Conference Call Participants Bryan Maher – B. Riley Securities Operator Hello. And thank you for standing by. My name is Regina, and I will be your conference operator today. At this ti ...

Highlights a Pattern of Similar, Troubling Behavior by the Board Invites Shareholders to Visit www.NoMoreMonty.com For More Information on Blackwells' Nominees, Campaign and Timeline of Engagement with Braemar NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC ("Blackwells"), a shareholder of Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") (NYSE:BHR), today released a presentation entitled "Too Little, Too Late" which may be found at https://nomoremonty.com/letters-presentations/. ...

For the quarter ended March 2024, Braemar Hotels & Resorts (BHR) reported revenue of $219.08 million, up 1.8% over the same period last year. EPS came in at $0.42, compared to $0.05 in the year-ago quarter.The reported revenue represents a surprise of +3.65% over the Zacks Consensus Estimate of $211.37 million. With the consensus EPS estimate being $0.34, the EPS surprise was +23.53%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...

Braemar Hotels & Resorts (BHR) came out with quarterly funds from operations (FFO) of $0.42 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 23.53%. A quarter ago, it was expected that this hotel owner would post FFO of $0.04 per share when it actually produced FFO of $0.04, delivering no surprise.Over the last four quarters, the compan ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------|-------|---------------|-------|-------------------------------------|-------|---------------------|-------|-------|----------------------------------------------|-------|-------------------------------------|-------|---------------------|-----------------------|-------------------------| | | | Actual \n2024 | | Non-comparable Adjustments \n2024 | | Comparable \n2024 | | | Three ...