Company Performance - Xenia Hotels & Resorts reported quarterly funds from operations (FFO) of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.42 per share, and up from $0.44 per share a year ago [1][2] - The quarterly report indicates an FFO surprise of 21.43%, with the company surpassing consensus FFO estimates three times over the last four quarters [2] - The company posted revenues of $288.93 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.66%, compared to $267.49 million in the same quarter last year [3] Market Context - Xenia Hotels & Resorts shares have declined approximately 27.1% since the beginning of the year, while the S&P 500 has decreased by 4.7% [4] - The current consensus FFO estimate for the upcoming quarter is $0.49 on revenues of $279.69 million, and for the current fiscal year, it is $1.56 on revenues of $1.06 billion [8] Industry Outlook - The REIT and Equity Trust - Other industry, to which Xenia Hotels & Resorts belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, indicating potential challenges ahead [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in estimate revisions, which could impact the company's performance [6]
Xenia Hotels & Resorts (XHR) Beats Q1 FFO and Revenue Estimates