earnings
confidence high
sentiment neutral
materiality 0.70
Xenia reports Q4 net loss $0.6M, adj FFO $0.39; same-prop RevPAR +5.1% YoY
Xenia Hotels & Resorts, Inc.
2024-FY EPS reported
$0.15
revenue$1,039,047,000
- Q4 net loss attributable to common stockholders $0.6M ($0.01 per share); full year net income $16.1M ($0.15 per share).
- Q4 adjusted EBITDAre $59.2M (-0.5% YoY); adjusted FFO per diluted share $0.39 (-4.9% YoY).
- Same-property RevPAR $165.92 (+5.1% YoY), occupancy +250 bps to 64.4%, ADR +1.0% to $257.52.
- Issued $400M 6.625% Senior Notes due 2030 to repay 2025 notes; upsized credit facility to $825M maturing Nov 2028.
- Repurchased 515,876 shares at $14.83/share in Q4; full year repurchases of 1,130,846 shares at $14.02.