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Xenia Hotels & Resorts (XHR) reported $272.9 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.7%. EPS of $0.52 for the same period compares to $0.12 a year ago.
The reported revenue represents a surprise of -0.89% over the Zacks Consensus Estimate of $275.36 million. With the consensus EPS estimate being $0.49, the EPS surprise was +6.12%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Xenia Hotels & Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Same-Property Average occupancy
: 71% versus the two-analyst average estimate of 69.5%.
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Total Portfolio Number of Rooms
: 9,515 versus 9,515 estimated by two analysts on average.
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Total Portfolio Number of Hotels
: 32 compared to the 32 average estimate based on two analysts.
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Total Portfolio Revenue per available room (RevPAR)
: $185.69 compared to the $185.22 average estimate based on two analysts.
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Revenues- Room
: $160.79 million versus the five-analyst average estimate of $160.98 million. The reported number represents a year-over-year change of +1.8%.
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Revenues- Other
: $23.04 million versus $21.53 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +9.2% change.
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Revenues- Food and beverage
: $89.08 million versus the five-analyst average estimate of $92.22 million. The reported number represents a year-over-year change of -3.2%.
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Net Earnings Per Share (Diluted)
: $0.15 versus $0.12 estimated by five analysts on average.
View all Key Company Metrics for Xenia Hotels & Resorts here>>>
Shares of Xenia Hotels & Resorts have returned -0.1% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Xenia Hotels & Resorts, Inc. (XHR) : Free Stock Analysis Report