earnings
confidence high
sentiment neutral
materiality 0.70
DiamondRock Q1 net income up 59% to $9.4M; RevPAR +2.0%; lowers full-year top line outlook
DiamondRock Hospitality Co
2025-Q1 EPS reported
$0.04
revenue$254,853,000
- Net income attributable to common stockholders $9.4M ($0.04 diluted EPS), up 59.3% vs Q1 2024.
- Comparable RevPAR $186.20 (+2.0%); Comparable Hotel Adjusted EBITDA $61.3M (+2.2%); Adjusted FFO per share $0.19 (+5.6%).
- Sold Westin Washington D.C. City Center for $92M on Feb 19; repurchased 2.1M shares for $15.9M at avg $7.66.
- Lowering 2025 top-line outlook by 200 bps but maintaining Adjusted FFO per share guidance; declared Q2 2025 dividend.