DiamondRock Hospitality (DRH) Tops Q2 FFO Estimates

DiamondRock Hospitality (DRH) came out with quarterly funds from operations (FFO) of $0.35 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +6.06%. A quarter ago, it was expected that this hotel and resort real estate investment trust would post FFO of $0.17 per share when it actually produced FFO of $0.19, delivering a surprise of +11. ...