Xenia Hotels & Resorts Inc (XHR) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Xenia Hotels & Resorts Inc (XHR) reported quarterly earnings results on Friday, Aug-5-2016. The company reported $0.65 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.67. The company posted revenue of $261.38 million in the period, compared to analysts expectations of $259.48 million. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

Many Wall Street Analysts have commented on Xenia Hotels & Resorts Inc. Xenia Hotels & Resorts Inc was Initiated by Raymond James to “Mkt Perform” on Jul 26, 2016.

Xenia Hotels & Resorts Inc closed down -0.18 points or -1.02% at $17.44 with 4,79,315 shares getting traded on Thursday. Post opening the session at $17.64, the shares hit an intraday low of $17.36 and an intraday high of $17.655 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Dec 8, 2015, Andrew J Welch (officer ) purchased 2,200 shares at $15.95 per share price. According to the SEC, on Nov 30, 2015, Thomas M Gartland (director) purchased 7,200 shares at $16.70 per share price. On Nov 24, 2015, Barry A N Bloom (officer ) purchased 6,000 shares at $16.40 per share price, according to the Form-4 filing with the securities and exchange commission.

Xenia Hotels & Resorts Inc. is a self-managed Real Estate Investment Trust (REIT). The Company is focused on the lodging sector. The Company owns a portfolio of lodging properties operated by independent management companies. The Company holds around 46 hotels consisting of 12636 rooms across 19 states and the District of Columbia. It also holds an interest in two hotels under development. The Company owns and invests in service lifestyle and urban upscale hotels in the United States lodging market and leisure destinations. The Company’s portfolio includes lodging properties operated by Marriott Hilton Hyatt Starwood Kimpton Aston Fairmont and Loews. The Company’s hotels include Andaz Napa Aston Waikiki Beach Hotel Courtyard Pittsburgh Downtown Fairmont Dallas Hilton Phoenix Suites Hotel Monaco Chicago Residence Inn Denver City Center Lorien Hotel & Spa Renaissance Austin Hotel Westin Galleria Houston and Westin Oaks Houston at The Galleria.

Xenia Hotels & Resorts Inc

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