Xenia Hotels & Resorts Q2 Adj. FFO $0.47 Down From $0.57 YoY, Sales $271.07M Miss $274.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Xenia Hotels & Resorts reported Q2 adjusted FFO of $0.47 per share, a 17.54% decrease YoY. The company's quarterly sales were $271.07M, missing the analyst consensus estimate of $274.90M by 1.39% and marking a 4.37% decrease YoY.
August 04, 2023 | 10:50 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Xenia Hotels & Resorts reported a YoY decrease in Q2 adjusted FFO and sales, missing analyst estimates. This could negatively impact the company's stock in the short term.
Xenia Hotels & Resorts reported lower Q2 adjusted FFO and sales YoY, and also missed analyst estimates. This underperformance is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100