XHR Earnings Prediction
The chart below shows how XHR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, XHR sees a +2.34% change in stock price 10 days leading up to the earnings, and a +1.52% change 10 days following the report. On the earnings day itself, the stock moves by -0.44%. This data can give you a slight idea of what to expect for the next quarter's release.
XHR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
236.81M
2.06%
-13.23%
Gross Margin
51.87%
33.51%
-7.01%
Operating Margin
3.47%
3.58%
-69.18%
Net Margin
-3.14%
-18.02%
-153.22%
EPS
-0.07
-12.50%
-146.67%
No Data Available
XHR Earnings Analysis
Xenia Hotels & Resorts, Inc. Corporation (XHR.N) Earnings Conference Call
Positive
RevPAR Increase Highlights: 1. RevPAR Growth: Same-property RevPAR for the 31-hotel portfolio increased by 1.5% for Q3 2024, driven by strong results at recently renovated hotels, including a 64% increase at the Grand Hyatt Scottsdale.
Group Room Revenue Growth: 2. Group Room Revenue Increase: Same-property group room revenues, excluding Scottsdale, rose by 3.8% compared to Q3 2023, indicating a recovery in group demand.
Capital Expenditure Plans: 3. Capital Expenditure Increase: The company plans to spend between $130 million and $140 million on property improvements in 2024, reflecting a $5 million increase in their previous estimate, showcasing commitment to enhancing their portfolio.
Credit Facility Expansion: 4. Credit Facility Upsize: Xenia Hotels & Resorts extended and upsized its corporate credit facility, increasing the capacity from $450 million to $500 million, enhancing financial flexibility for future growth opportunities.
October RevPAR Increase: 5. Positive October RevPAR: Same-property RevPAR is estimated to have increased by approximately 4% in October 2024 compared to the same period in 2023, indicating a positive trend in demand.
Negative
Financial Struggles Reported: 1. Net Loss: Xenia Hotels & Resorts reported a net loss of $7.1 million for Q3 2024, indicating financial struggles compared to previous periods.
Declining Hotel Profitability: 2. Declining Hotel EBITDA: Same-property hotel EBITDA decreased by 6.3% to $48.1 million, reflecting a significant drop in profitability despite a 2.9% increase in total revenue.
RevPAR and ADR Trends: 3. RevPAR Decline: Same-property RevPAR growth was only 1.5%, with a notable decrease in average daily rate (ADR) by 3.3%, indicating weak pricing power in the market.
Renovation Disruption Impact: 4. Increased Renovation Disruption: The company increased its estimate of renovation disruption on adjusted EBITDARe by $3 million due to delays in the Grand Hyatt Scottsdale project, impacting overall performance.
Adjusted EBITDA Guidance Cut: 5. Lowered Guidance: The company reduced its full-year adjusted EBITDARe guidance by $11 million, reflecting a slower ramp-up in performance and ongoing pressures from hurricanes and softer leisure demand.
XHR FAQs
How does XHR typically perform around its earnings report dates?
Is Xenia Hotels & Resorts, Inc. (XHR) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
XHR Earning Call Sentiment
Xenia Hotels & Resorts, Inc. (XHR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
XHR.N
-0.55%Positive
The earnings call reflects several negative factors: lowered guidance for RevPAR, EBITDARe, and FFO, indicating financial challenges. Net loss and declining EBITDA margins further suggest financial strain. The Q&A section revealed uncertainties and delays in hotel ramp-up, with vague management responses. Despite some positive signs, such as increased group revenue pace for 2025, the overall sentiment is negative due to financial pressures, renovation disruptions, and economic uncertainty. Given the company's small market cap, these factors are likely to result in a stock price decrease of -2% to -8% over the next two weeks.