Xenia Hotels & Resorts Reports Strong Q2 Earnings, Beating Expectations By Over $8M
May 4, 2023
Trending News ☀️
The company reported Funds From Operations (FFO) of $0.40 per share, exceeding expectations by $0.03. Revenue totaled $268.97 million, beating forecasts by $8.07 million. Xenia Hotels & Resorts ($NYSE:XHR) has a long history of providing superior hospitality and service to its guests. The company strives to deliver value to its customers through innovation, commitment to excellence, and financial performance. With its strong financial performance in the second quarter, Xenia Hotels & Resorts is well-positioned to continue delivering exceptional hospitality experiences to its guests.
Price History
XENIA HOTELS & RESORTS reported strong second quarter earnings on Tuesday, beating analysts’ expectations by over $8 million. The company opened at $12.5 and closed the day at the same price, down by 1.2% from its previous closing price of 12.7. Despite the slight drop in its stock price, the company reported a very successful quarter, with revenue up by 8% year-over-year and earnings per share growing by 13%. The hotel chain also benefited from strong customer loyalty, with its loyalty program members generating more than half of all revenue for the quarter.
The company is well positioned to continue to capitalize on the strong demand for its services and expand its footprint in key markets. With its strong financial results, XENIA HOTELS & RESORTS is well-positioned to continue to drive growth and value for its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for XHR. More…
| Total Revenues | Net Income | Net Margin |
| 997.61 | 55.68 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for XHR. More…
| Operations | Investing | Financing |
| 187.13 | -265.39 | -110.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for XHR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.08k | 1.62k | 12.81 |
Key Ratios Snapshot
Some of the financial key ratios for XHR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 11.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
We at GoodWhale conducted an analysis of XENIA HOTELS & RESORTS’s wellness and our results concluded that the company was strong in assets, dividend, and profitability, and weak in the growth category. Our Star Chart tool gave the company an intermediate health score of 6/10 with regard to its cashflows and debt, suggesting that it might be able to sustain future operations in times of crisis. Potential investors that may be interested in such a company include those who are looking for income or dividend returns, as well as those who are interested in a less volatile asset. More…
Peers
The company’s portfolio consists of 63 hotels with over 12,400 rooms across the United States. RLJ Lodging Trust is a hospitality real estate investment trust that focuses on investing in premium branded, select-service, extended stay and independent hotels. The company’s portfolio consists of 157 properties with over 27,000 rooms across the United States. Diamondrock Hospitality Company is a real estate investment trust that focuses on owning premium full service hotels. The company’s portfolio consists of 31 properties with over 9,400 rooms across the United States. Braemar Hotels & Resorts, Inc. is a publicly traded real estate investment trust that focuses on owning and investing in upscale, full-service hotels located in resort and urban business markets. The company’s portfolio consists of 19 properties with over 3,700 rooms across the United States.
– RLJ Lodging Trust ($NYSE:RLJ)
RLJ Lodging Trust is a real estate investment trust that invests in upscale, full-service hotels. The company has a market cap of $1.96 billion as of March 2022. RLJ Lodging Trust is headquartered in Bethesda, Maryland, and has over 140 properties in the United States and Canada.
– Diamondrock Hospitality Co ($NYSE:DRH)
As of 2022, Diamondrock Hospitality Company has a market capitalization of 1.92 billion. The company is a real estate investment trust that focuses on owning and operating premium hotels across the United States.
– Braemar Hotels & Resorts Inc ($NYSE:BHR)
Braemar Hotels & Resorts Inc is a publicly traded company that owns, operates, and develops hotels and resorts. As of 2022, the company has a market capitalization of 281.54 million.
Braemar Hotels & Resorts was founded in 1968 and is headquartered in Dallas, Texas. The company’s portfolio includes properties in the United States, Canada, Mexico, and the Caribbean. Braemar Hotels & Resorts is a leading operator of full-service hotels and resorts.
Summary
Xenia Hotels & Resorts is a hospitality REIT that owns, manages and invests in hotel real estate. Xenia’s portfolio consists of premium-branded full-service and select-service hotels representing a mix of upper upscale and upscale hotels in major US markets. They are well-positioned for long-term growth, as their hotel portfolio generates high operating margins and strong cash flows. Investment analysts have noted the company as a strong pick for portfolio diversification.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
