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DiamondRock Hospitality Co Issues FY 2013 Guidance Below Analysts' Estimates
DiamondRock Hospitality Co announced that for fiscal 2013, it expects RevPAR growth of 1% to 3%; adjusted EBITDA of $195 million to $205 million; adjusted FFO of $138 million to $145 million and adjusted FFO per share of $0.70 to $0.74 based on 195.9 million diluted weighted average shares. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $212 million and FFO of $0.80 for fiscal 2013.
Latest Developments for DiamondRock Hospitality Co
- DiamondRock Hospitality Co Reaffirms FY 2013 Guidance
- DiamondRock Hospitality Co Announces Management Changes
- DiamondRock Hospitality Co Lowers FY 2012 Guidance; Issues Q4 2012 Guidance; FFO Guidance Below Analysts' Estimates
- DiamondRock Hospitality Company Issues Q3 2012 Mixed Earnings Guidance; Comments On Q3 2012 RevPAR Guidance; Raises FY 2012 Earnings Guidance; Lowers FY 2012 RevPAR Guidance
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