DiamondRock Hospitality (DRH) Tops Q4 EPS

DiamondRock Hospitality (NYSE: DRH) reported Q4 EPS of $0.66, $0.57 better than the analyst estimate of $0.09.

• Net Income: Net income was $134.6 million and earnings per diluted share was $0.66.
• Comparable Revenues: Comparable total revenues increased 1.7% from the comparable period of 2018.
• Comparable RevPAR: RevPAR was $190.94, a 1.5% increase from the comparable period of 2018.
• Comparable Hotel Adjusted EBITDA Margin: Hotel Adjusted EBITDA margin was 29.25%, a 98 basis point contraction from the comparable period of 2018.
• Adjusted EBITDA: Adjusted EBITDA was $62.7 million, a decrease of $1.8 million from 2018.
• Adjusted FFO: Adjusted FFO was $54.7 million and Adjusted FFO per diluted share was $0.27.

For earnings history and earnings-related data on DiamondRock Hospitality (DRH) click here.

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