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.
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 $0.73, which is worse than the estimate ninety days ago.
Here’s how Diamondrock Hospitality has been performing on an annual basis:
|Revenue ($) 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|
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)