Xenia Hotels & Resorts, Inc. (NYSE:XHR) is reporting third quarter financial results on Friday 30th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, XHR is expected to report 3Q20 loss of $ 0.24 per share from revenue of $ 61.83 million.
For the full year, analysts anticipate top line of $ 379.05 million, while looking forward to loss of $ 2.05 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.84 ~ $ 1.98 per share
Click Here For More Historical Outlooks Of Xenia Hotels & Resorts, Inc.
Previous Quarter Performance
Xenia Hotels & Resorts, Inc. unwinded loss for the second quarter of $ 0.46 per share, from the revenue of $ 14.82 million. The quarterly revenues down 95.13 percent compared with the same quarter last year. Wall street analysts are predicting, XHR to report 2Q20 loss of $ 0.77 per share from revenue of $ 24.38 million. The bottom line results beat street analysts by $ 0.31 or 40.26 percent, at the same time, top line results fell short of analysts by $ 9.56 million or 39.21 percent.
Stock Performance
Shares of Xenia Hotels & Resorts, Inc. traded up $ 0.36 or 4.29 percent on Thursday, reaching $ 8.75 with volume of 1.07 million shares. Xenia Hotels & Resorts, Inc. has traded high as $ 8.78 and has cracked $ 8.22 on the downward trend
According to the previous trading day, closing price of $ 8.75, representing a 36.42 % increase from the 52 week low of $ 6.15 and a 62.53 % decrease over the 52 week high of $ 22.39.
The company has a market capital of $ 995.15 million and is part of the Real Estate sector and REIT – Hotel & Motel industry.
Conference Call
Xenia Hotels & Resorts, Inc. will be hosting a conference call at 1:00 PM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.xeniareit.com
Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States.
