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 September 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) Mar ...

For the quarter ended September 2024, DiamondRock Hospitality (DRH) reported revenue of $285.13 million, up 3.1% over the same period last year. EPS came in at $0.26, compared to $0.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $286.98 million, representing a surprise of -0.64%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.26.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.26 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.26 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of $0.32 per share when it actually produced FFO of $0.34, delivering a surprise of 6.25%.Over the last four quarters, the company has surpassed consensus FFO est ...

COMPANY CONTACT Briony Quinn Chief Financial Officer (240) 744-1196 DIAMONDROCK HOSPITALITY COMPANY REPORTS THIRD QUARTER 2024 RESULTS BETHESDA, Maryland, Thursday, November 7, 2024 – DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging 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 quarter ended September 30, 2024. Third Quarter 2024 Highlights • Net Income: Net income was $26.6 millio ...

BETHESDA, Md., Nov. 7, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging 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 quarter ended September 30, 2024.Third Quarter 2024 Highlights Net Income: Net income was $26.6 million, or $0.11 per diluted share. Comparable Revenues: $285.1 million, increased 2.5% compared to the third quarter of 2023. Comparable RevPAR: $2 ...

DiamondRock Hospitality (NYSE: DRH ) is a hotel REIT owning 36 properties with almost 10,000 rooms across the United States. About a third of its EBITDA was generated in Chicago, Boston and New York City, and interestingly, DiamondRock prefers its hotels to be He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on highquality ideas in the small-cap space ...

Overview of the Recent Transaction On September 30, 2024, FMR LLC (Trades, Portfolio) executed a significant transaction involving the shares of Diamondrock Hospitality Co (DRH, Financial), a wellknown player in the REITs industry. The firm reduced its holdings by 12,399,040 shares, which resulted in a decrease of 99.90% from its previous position. This move adjusted FMR LLC (Trades, Portfolio)'s stake in Diamondrock Hospitality to a mere 12,284 shares, reflecting a minimal portfolio impact of -0.01%. The s ...

BETHESDA, Md., Sept. 4, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2024 after the market closes on Thursday, November 7, 2024. A conference call for investors and other interested parties is scheduled for the next day on Friday, November 8, 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 Relatio ...

Core Points - DiamondRock Hospitality Company declared a quarterly cash dividend of $0.03 per common share, payable on October 11, 2024, to shareholders of record as of September 30, 2024 [1] - The Company also declared a quarterly dividend of $0.515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock, payable on September 30, 2024, to shareholders of record as of September 20, 2024 [2] Company Overview - DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a diversified portfolio of hotels, primarily located in leisure destinations and major gateway markets [3] - The Company currently owns 36 premium quality hotels and resorts, totaling over 9,700 rooms [3] - The portfolio includes properties operated under leading global brand families as well as independent boutique hotels in the lifestyle segment [3]

Core Viewpoint - The article compares DiamondRock Hospitality (DRH) and Gaming and Leisure Properties (GLPI) to determine which stock is more attractive to value investors [1]. Group 1: Zacks Rank and Analyst Outlook - DiamondRock Hospitality has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision trend compared to Gaming and Leisure Properties, which has a Zacks Rank of 3 (Hold) [3]. - The improving analyst outlook for DRH suggests a stronger position for value investors [3]. Group 2: Valuation Metrics - DRH has a forward P/E ratio of 8.40, significantly lower than GLPI's forward P/E of 13.26, indicating that DRH may be undervalued [5]. - The PEG ratio for DRH is 4.04, while GLPI's PEG ratio is 5.09, suggesting DRH offers better value when considering expected earnings growth [5]. - DRH's P/B ratio is 1.05, compared to GLPI's P/B of 3.02, further supporting the argument that DRH is a more attractive investment based on valuation metrics [6]. Group 3: Overall Value Grade - DRH has earned a Value grade of B, while GLPI has a Value grade of D, highlighting DRH's superior valuation profile [6]. - The combination of solid earnings outlook and favorable valuation figures positions DRH as the superior value option at this time [6].