DiamondRock Hospitality (DRH) Misses Q2 FFO by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
DiamondRock Hospitality Company Reports Second Quarter 2016 Results
August 5, 2016 7:30 AM EDTBETHESDA, Md., Aug. 5, 2016 /PRNewswire/ --Â DiamondRock Hospitality Company (the "Company") (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 26 premium hotels in the United States, today announced results of operations for the quarter ended June 30, 2016.
Second Quarter 2016 Highlights
Net Income: Net income was $44.2 million and earnings per diluted share was $0.22. Comparable RevPAR: RevPAR was $197.52, a 0.8% increase from the comparable period of 2015. Comparable Hotel Adjusted EBITDA Margin: Hotel Adjusted EBITDA margin was 35.85%, an increase of 11 basis points from the... More