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DiamondRock Hospitality pany(DRH) - 2024 Q2 - Quarterly Report
2024-08-02 15:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-32514 DIAMONDROCK HOSPITALITY COMPANY (Exact Name of Registrant as Specified in Its Charter) Maryland ...
DiamondRock Hospitality (DRH) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-02 00:35
DiamondRock Hospitality (DRH) reported $309.28 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 6.2%. EPS of $0.34 for the same period compares to $0.17 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $301.38 million, representing a surprise of +2.62%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.32. While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...
DiamondRock Hospitality (DRH) Beats Q2 FFO and Revenue Estimates
ZACKS· 2024-08-01 22:47
DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to FFO of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 6.25%. A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of $0.16 per share when it actually produced FFO of $0.17, delivering a surprise of 6.25 ...
DiamondRock Hospitality pany(DRH) - 2024 Q2 - Quarterly Results
2024-08-01 20:11
COMPANY CONTACT Briony Quinn Chief Financial Officer (240) 744-1196 FOR IMMEDIATE RELEASE DIAMONDROCK HOSPITALITY COMPANY REPORTS SECOND QUARTER 2024 RESULTS Comparable Total Revenues 4.8% Above 2023 Raises Midpoint of Full Year Guidance BETHESDA, Maryland, Thursday, August 1, 2024 – DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for ...
DiamondRock Hospitality: Balance Sheet Strength Indicates Stable Preferred Dividend Coverage
Seeking Alpha· 2024-06-18 14:30
jewhyte/iStock via Getty Images Introduction I like preferred shares as a subdivision of my income portfolio, and my main focus is obviously on the issuer's ability to pay the preferred dividends while the balance sheet strength also plays an important role. The REIT's management team also calls value creation its 'magnetic north', and that definitely is an attitude I like to see. I have been keeping an eye on DiamondRock Hospitality's (NYSE:DRH) preferred shares and I used to have a long position which I s ...
DIAMONDROCK HOSPITALITY DECLARES DIVIDENDS FOR SECOND QUARTER 2024
Prnewswire· 2024-06-03 20:15
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 $0.03 per common share to be paid on July 12, 2024 to shareholders of record as of June 28, 2024. The Company's Board of Directors also declared a quarterly dividend of $0.515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on June 28, 2024 to shareholders of record as of June ...
DIAMONDROCK HOSPITALITY ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
prnewswire.com· 2024-05-29 20:15
BETHESDA, Md., May 29, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2024 after the market closes on Thursday, August 1, 2024. A conference call for investors and other interested parties is scheduled for the next day on Friday, August 2, 2024 at 9:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations s ...
DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES PROMOTION OF STEPHEN SPIERTO TO CHIEF ACCOUNTING OFFICER AND HIRING OF ANIKA FISCHER AS GENERAL COUNSEL
prnewswire.com· 2024-05-16 20:30
BETHESDA, Md., May 16, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced the promotion of Stephen Spierto to Chief Accounting Officer effective as of May 15, 2024. Mr. Spierto, age 34, joined the Company in November 2023 and previously served as Vice President, Corporate Controller of the Company from November 2023 until his May 2024 prom ...
DiamondRock Hospitality pany(DRH) - 2024 Q1 - Quarterly Report
2024-05-03 14:26
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-32514 DIAMONDROCK HOSPITALITY COMPANY (Exact Name of Registrant as Specified in Its Charter) FORM 10-Q Marylan ...
DiamondRock Hospitality pany(DRH) - 2024 Q1 - Quarterly Results
2024-05-02 20:36
COMPANY CONTACT Briony Quinn Chief Financial Officer (240) 744-1196 FOR IMMEDIATE RELEASE DIAMONDROCK HOSPITALITY COMPANY REPORTS FIRST QUARTER 2024 RESULTS Comparable Total Revenues 3.8% Above 2023 Raises Midpoint of Full Year Guidance BETHESDA, Maryland, Thursday, May 2, 2024 – DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced results of operations for the ...