Xenia Hotels & ResortsNYSE: XHR

ORLANDO, Fla. , June 13, 2024 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") will report financial results for the second quarter 2024 after the market closes on Thursday, August 1, 2024.

Although the financial results of Xenia Hotels & Resorts (XHR) in the quarter ending March 2024 provide an overview of the business performance, it may be beneficial to examine how certain key metrics stack up against Wall Street forecasts and previous year figures.

Xenia Hotels & Resorts (XHR) has been gaining attention from Zacks.com users recently, so it is important to stay informed about the factors that may affect the stock's potential.

At Zacks, we prioritize the Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep up with current value, growth, and momentum trends to highlight strong choices.

Luxury hotel travel is still in demand.

Xenia Hotels & Resorts (XHR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

While the top- and bottom-line numbers for Xenia Hotels & Resorts (XHR) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Xenia Hotels & Resorts (XHR) came out with quarterly funds from operations (FFO) of $0.41 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.41 per share a year ago.

Get a deeper insight into the potential performance of Xenia Hotels & Resorts (XHR) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.