DiamondRock Hospitality Earnings: Your Sneak Peek to the Big Announcement

DiamondRock Hospitality (NYSE:DRH) will report earnings before markets open on Friday, May 10th. DiamondRock Hospitality Company is a self-advised real estate investment trust. The Company owns, acquires, and invests in upper scale and upscale hotel properties located in North America. DiamondRock also invests in premium limited-service and extended-stay hotel properties in urban locations.

Here is your Cheat Sheet to Diamondrock Hospitality Earnings:

Earnings Expectations: Analysts expect earnings of $0.09 per share on revenues of $169.37 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.24 to a profit $0.22. For the current year, the average estimate is a profit of $0.73, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Diamondrock Hospitality has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 693.23 575.68 523.90 622.18 749.65
Diluted EPS ($) 0.56 -0.10 -0.06 -0.05 -0.09

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 218.14 121.42 185.55 183.87 266.40
Diluted EPS ($) 0.0294 0.02 0.05 -0.24 0.0829

Past Performance:
Diamondrock Hospitality has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)