DiamondRock Hospitality (DRH) Q3 FFO Match Estimates

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 ...