DiamondRock Hospitality (DRH) Moves 13.8% Higher: Will This Strength Last?

Group 1 - DiamondRock Hospitality (DRH) shares increased by 13.8% to close at $7.28, following a significant trading volume, contrasting with a 19.1% loss over the past four weeks [1] - The optimism in DRH's stock is linked to President Donald Trump's announcement of a 90-day pause on reciprocal tariffs for most countries [1] - The upcoming quarterly funds from operations (FFO) for DRH are expected to be $0.17 per share, unchanged from the previous year, with revenues projected at $259.27 million, reflecting a 1.1% increase year-over-year [2] Group 2 - Research indicates a strong correlation between FFO estimate revisions and near-term stock price movements, highlighting the importance of these metrics in stock evaluation [3] - The consensus estimate for DRH's FFO per share has been revised down by 4.2% over the last 30 days, suggesting that negative trends in FFO revisions typically do not lead to price appreciation [4] - DRH currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook, while Hudson Pacific Properties (HPP), another stock in the same industry, also holds a Zacks Rank of 3 [4]