DiamondRock Hospitality (NYSE:DRH) Issues FY 2025 Earnings Guidance

DiamondRock Hospitality (NYSE:DRH) Issues FY 2025 Earnings Guidance

DiamondRock Hospitality (NYSE:DRH) updated its FY 2025 earnings guidance. The company provided EPS guidance of 1.020-1.06 for the period, compared to the consensus estimate of 0.650.

DiamondRock Hospitality Lifts 2025 Outlook as Tight Cost Controls Offset Soft Revenue

DiamondRock Hospitality reported stronger-than-expected third-quarter earnings, raising full-year guidance as disciplined expense management helped the hotel real estate investment trust weather modest revenue declines in some segments. The Bethesda, Md.-based REIT, which owns 35 hotels and resorts, said earnings per share rose to $0.13, beating estimates by $0.05, while revenue ticked up 0.1% from a year earlier to $285.4 million. Adjusted EBIT…