Xenia Hotels & Resorts (XHR) Tops Q4 FFO and Revenue Estimates

Core Viewpoint - Xenia Hotels & Resorts reported quarterly funds from operations (FFO) of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, but down from $0.41 per share a year ago [1][2]. Financial Performance - The FFO surprise for the quarter was 2.63%, with the company having surpassed consensus FFO estimates three times over the last four quarters [2]. - Revenues for the quarter ended December 2024 were $261.85 million, surpassing the Zacks Consensus Estimate by 1.64% and up from $253.38 million year-over-year [3]. Market Performance - Xenia Hotels & Resorts shares have declined approximately 6.1% since the beginning of the year, while the S&P 500 has gained 1.7% [4]. - The current consensus FFO estimate for the upcoming quarter is $0.48 on revenues of $275.81 million, and for the current fiscal year, it is $1.71 on revenues of $1.08 billion [8]. Industry Outlook - The REIT and Equity Trust - Other industry is currently ranked in the bottom 46% of over 250 Zacks industries, indicating potential challenges for stock performance [9].