DiamondRock Hospitality (DRH) Reports Q1 FFO of $0.04

DiamondRock Hospitality (NYSE: DRH) reported Q1 FFO of $0.04, versus $0.21 reported last year. Revenue for the quarter came in at $170 million versus the consensus estimate of $180.38 million.

Guidance

Given the high level of uncertainty surrounding the COVID-19 pandemic and its effect on hotel demand, the Company previously withdrew full year 2020 guidance originally issued on February 20, 2020 and is not providing updated guidance at this time.

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

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