DiamondRock Hospitality pany-DiamondRock Hospitality (DRH) Beats Q4 FFO and Revenue Estimates

DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.24 per share, beating the Zacks Consensus Estimate of$ 0.21 per share. This compares to FFO of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 14.29%. A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of$ 0.26 per share when it actually produced FFO of $0.26, delivering no surprise.Over t ...