---
schema_version: "secwatch.filing_event.v1"
accession: "0001574085-22-000149"
form_type: "8-K"
ticker: "BHR"
cik: "0001574085"
company_name: "Braemar Hotels & Resorts Inc."
filed_at: "2022-12-21T23:59:59+00:00"
generated_at: "2026-06-21T00:49:02.443514+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Braemar reports preliminary Q4 net income $0.5–$3.5M; EBITDAre $36–$39M, above consensus

## Summary
- Preliminary Q4 2022 net income range $0.5M to $3.5M.
- Preliminary Adjusted EBITDAre range $36M–$39M; lower end above analyst consensus.
- October RevPAR $280 (+14% vs 2019); November RevPAR $253 (+15% vs 2019).
- December RevPAR expected to show similar premium to 2019 levels.
- Company provides positive operational update with RevPAR exceeding pre-pandemic.

## SEC filing metadata
- accession: 0001574085-22-000149
- form_type: 8-K
- ticker: BHR
- cik: 0001574085
- company_name: Braemar Hotels & Resorts Inc.
- filed_at: 2022-12-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1574085/000157408522000149/0001574085-22-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1574085/000157408522000149/bhr-20221221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001574085-22-000149
- JSON: https://secwatch.observer/filing/0001574085-22-000149.json
- Plain text: https://secwatch.observer/filing/0001574085-22-000149.txt

## Key facts
- Earnings Releases
  Braemar Hotels & Resorts Inc. reported the fourth quarter ending December 31, 2022 results: net income approximately $0.5 million to $3.5 million. Guidance initiated.
  - Period: the fourth quarter ending December 31, 2022
  - Net income: approximately $0.5 million to $3.5 million
  - Guidance: initiated
  - Result: preliminary results
  source text: announced today its preliminary expectations for net income and Adjusted EBITDAre for the fourth quarter ending December 31, 2022. The Company reported today a preliminary estimated range of net income of approximately $0.5 million to $3.5 million and a preliminary estimated range of Adjusted EBITDAre of $36.0 million to $39.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1574085/000157408522000149/0001574085-22-000149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.