DRH Earnings Prediction
The chart below shows how DRH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DRH sees a +1.55% change in stock price 10 days leading up to the earnings, and a +0.27% change 10 days following the report. On the earnings day itself, the stock moves by -0.30%. This data can give you a slight idea of what to expect for the next quarter's release.
DRH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
279.05M
5.88%
-2.13%
Gross Margin
16.11%
22.14%
-12.02%
Operating Margin
13.31%
32.83%
-14.84%
Net Margin
-4.05%
-197.12%
-143.50%
EPS
-0.07
-275.00%
-163.64%
No Data Available
DRH Earnings Analysis
Diamondrock Hospitality Co Corporation (DRH.N) Earnings Conference Call
Positive
Urban RevPAR Growth: Comparable total RevPAR increased 5.5% over 2023, exceeding expectations and showing strong growth in urban markets.
Urban Hotel RevPAR Growth: RevPAR at urban hotels increased 8.2%, with December RevPAR up 13.2%, driven by favorable calendar shifts and strong performance in key cities.
Group Room Revenue Increase: Group room revenues increased 8.1% over 2023, with urban hotels seeing a 10.2% increase, contributing to overall food and beverage revenue growth.
EBITDA Growth Highlights: Hotel adjusted EBITDA grew 16.4% to $75.9 million, with corporate adjusted EBITDA up nearly 20% to $68.7 million, reflecting strong operational performance.
AFFO Increase and Profitability: Adjusted funds from operations (AFFO) increased by 33% to $0.24 per share, indicating improved profitability.
Dividend Announcement and Outlook: The company announced a total dividend of $0.32 per share for 2024, with plans for regular quarterly dividends of $0.08 per share in 2025, signaling confidence in future earnings.
Capital Project Success: Successful completion of capital projects, including renovations and rebranding, which are expected to enhance revenue and profitability going forward.
Asset Sale Success: The sale of the Westin in Washington DC for $92 million, demonstrating effective asset management and capital realization strategies.
Negative
Resort Hotel Performance Decline: RevPAR at resort hotels declined by 150 basis points in the fourth quarter, indicating a downturn in performance for this segment.
RevPAR Decline in Florida: Florida resorts experienced a 5.8% decline in RevPAR, attributed to ongoing post-pandemic challenges and market headwinds.
Florida RevPAR Decline Outlook: The company anticipates mid-single-digit RevPAR declines in Florida markets for the first quarter of 2025, suggesting continued struggles in this region.
EBITDA Disruption Forecast: The expected EBITDA disruption of $1.2 million at the Orchards Inn in the first half of 2025 indicates potential financial strain during renovations.
EBITDA Guidance Slowdown: Corporate adjusted EBITDA guidance for 2025 is slightly behind 2024 at the midpoint, indicating a potential slowdown in growth.
Refinancing Challenges Ahead: The company faces significant refinancing challenges with three mortgage loans maturing in 2025, which could impact financial stability.
Revenue Performance Outlook: The overall group revenue pace is expected to be impacted by the strong performance of the Chicago Marriott in 2024, which may not be replicated in 2025.
DRH FAQs
How does DRH typically perform around its earnings report dates?
Is Diamondrock Hospitality Co (DRH) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
DRH Earning Call Sentiment
DiamondRock Hospitality Company (NYSE:DRH) Q4 2024 Earnings Call Transcript
DRH.N
-3.96%Positive
The earnings call presented a mixed picture. While there are positive elements such as strategic asset management and a slight increase in adjusted FFO guidance, concerns remain due to weak RevPAR guidance and economic uncertainties, particularly in Florida. The Q&A highlighted management's cautious stance on economic conditions and unclear responses regarding specific financial allocations. The market cap suggests moderate sensitivity, leading to a neutral outlook as the positives and negatives balance out.
