Xenia Hotels & Resorts (XHR) Misses Q3 FFO and Revenue Estimates
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Xenia Hotels & Resorts (XHR) reported Q3 funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.29 per share. This is a slight decrease from the $0.26 per share reported a year ago.
November 07, 2024 | 12:45 am
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NEGATIVE IMPACT
Xenia Hotels & Resorts reported Q3 FFO of $0.25 per share, missing estimates and showing a slight decrease from last year. This could negatively impact short-term stock prices.
The miss on FFO estimates and the slight decrease from the previous year suggest potential investor disappointment, likely leading to a short-term negative impact on XHR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100