Braemar Hotels & Resorts (BHR) Reports Q4 Loss, Beats Revenue Estimates

Core Insights - Braemar Hotels & Resorts reported a quarterly loss of $0.02 per share, better than the Zacks Consensus Estimate of a loss of $0.05, and improved from a loss of $0.06 per share a year ago [1] - The company achieved a Funds From Operations (FFO) surprise of +60.00% and had previously been expected to post a loss of $0.11 per share but reported a loss of $0.19, resulting in a surprise of -72.73% [1][2] - Revenues for the quarter ended December 2025 were $165.56 million, exceeding the Zacks Consensus Estimate by 12.47%, although this represents a decline from $173.34 million in the same quarter last year [2] Financial Performance - Over the last four quarters, Braemar Hotels & Resorts has surpassed consensus FFO estimates two times and topped consensus revenue estimates three times [2] - The current consensus FFO estimate for the upcoming quarter is $0.30 on revenues of $189.3 million, and for the current fiscal year, it is $0.17 on revenues of $631.7 million [7] Market Position - Braemar Hotels & Resorts shares have increased by approximately 8% since the beginning of the year, outperforming the S&P 500, which gained 1.5% [3] - The Zacks Rank for the stock is currently 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Outlook - The REIT and Equity Trust - Other industry, to which Braemar Hotels & Resorts belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, suggesting potential challenges ahead [8]