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DiamondRock Hospitality (DRH) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
DRHDiamondRock Hospitality pany(DRH) ZACKS·2025-02-28 01:00

Core Insights - DiamondRock Hospitality (DRH) reported revenue of 279.05millionforthequarterendedDecember2024,markingayearoveryearincreaseof5.9279.05 million for the quarter ended December 2024, marking a year-over-year increase of 5.9% and exceeding the Zacks Consensus Estimate of 273.69 million by 1.96% [1] - The company achieved an EPS of 0.24,significantlyhigherthanthe0.24, significantly higher than the 0.04 reported a year ago, and surpassed the consensus EPS estimate of 0.21by14.290.21 by 14.29% [1] Revenue Breakdown - Other Revenues reached 26.49 million, exceeding the average estimate of 24.45millionbyanalysts,representingayearoveryearincreaseof12.524.45 million by analysts, representing a year-over-year increase of 12.5% [4] - Food and Beverage Revenues totaled 69.40 million, slightly above the average estimate of 68.85million,withayearoveryeargrowthof3.868.85 million, with a year-over-year growth of 3.8% [4] - Room Revenues amounted to 183.16 million, surpassing the estimated $178.65 million, reflecting a year-over-year increase of 5.8% [4] Stock Performance - Over the past month, shares of DiamondRock Hospitality have returned -7%, compared to a -2.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]