NYSE$XHR

Xenia Hotels & Resorts Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Xenia's Q4 2024 results were reported, showcasing a mixed performance with revenue growth offset by increased expenses.

Xenia Hotels & Resorts reported a net loss of $0.6 million for Q4 2024. Same-Property RevPAR increased by 5.1%, and Same-Property Occupancy rose by 250 basis points. Adjusted FFO per Diluted Share decreased by 4.9% compared to the fourth quarter of 2023.

  • Net loss attributable to common stockholders was $0.6 million, or $0.01 per share.
  • Same-Property RevPAR increased 5.1% compared to the fourth quarter of 2023.
  • Same-Property Occupancy increased 250 basis points compared to the fourth quarter of 2023.
  • The Company repurchased a total of 515,876 shares of common stock at a weighted-average price of $14.83 per share.

Headline financials

Total Revenue

$262M

Previous: $253M+3.3%
EPS (adj)

$0.39

Previous: $0.41-4.9%
Same-Property RevPAR

$168.81

Previous: $157.69+7.1%
Same-Property EBITDA Margin

23.8%

Previous: 25.1%-5.2%
Total Portfolio RevPAR

$165.92

No prior period
Same-Property Occupancy

64.8%

Previous: 61.9%+4.7%
Same-Property ADR

$260.43

Previous: $254.56+2.3%
Same-Property Hotel EBITDA

$59.2M

Previous: $63.7M-7.1%
Adjusted EBITDAre

$59.2M

No prior period
Adjusted FFO

$40M

Previous: $44M-9.1%
Same-Property Total RevPAR

$305.20

No prior period
Capital Expenditures

-$24.4M

No prior period
Net Income

-$777K

Previous: $7.6M-110.2%
Operating Income

$21.4M

Previous: $20.9M+2.5%

Revenue & EPS history

Xenia · Revenue · Quarterly

$262M

Q4 2024+3.3%vs Q4 2023
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

The Company is optimistic about its growth prospects as it begins 2025, despite continued uncertainty in the overall economic climate.

Tailwinds

  • Same-Property RevPAR for the first quarter through February 20th grew 7.3% versus the comparable period in 2024.
  • Benefit of Grand Hyatt Scottsdale.
  • Strong group revenue pace across our high quality portfolio.
  • Xenia is positioned for meaningful RevPAR growth in 2025.

Headwinds

  • Continued uncertainty in the overall economic climate.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.5%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+3.1%

Avg return

30 days after

46%

22 / 48 earnings

Positive

+12.1%

Q4 2023

Best reaction

-19.5%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%+2.9%+6.8%
Q4 2025-1.6%-4.0%-5.1%
Q3 2025-1.1%+0.6%+9.7%
Q1 2025+4.7%+4.2%+12.9%
Q4 2024-6.4%-3.7%-13.2%
Q3 2024+3.2%+6.1%+11.0%
Q2 2024-4.3%-7.6%+2.6%
Q1 2024+7.4%+5.7%+3.9%
Q4 2023+12.1%+18.6%+14.9%
Q3 2023-2.0%+7.0%+5.4%
Q2 2023-4.5%-1.6%-5.7%
Q1 2023+0.9%+1.7%-6.2%
Q4 2022+4.6%+2.6%-6.8%
Q3 2022-17.6%-16.7%-11.0%
Q2 2022+3.4%+3.7%-2.9%
Q1 2022+0.9%-1.6%+1.1%
Q4 2021+1.9%-1.1%+4.0%
Q3 2021+4.1%+9.2%-12.9%
Q2 2021-4.4%+1.2%+0.3%
Q1 2021-0.7%-3.5%+1.2%
Q4 2020-7.1%-6.5%-2.4%
Q3 2020-0.5%+0.6%+68.7%
Q2 2020-7.4%-5.8%+10.6%
Q1 2020-19.5%-18.6%+29.5%
Q4 2019-7.6%-21.9%-38.4%
Q3 2019+4.8%+6.1%+1.4%
Q2 2019-1.5%-5.0%-5.7%
Q1 2019+6.7%+5.0%-3.0%
Q4 2018+0.2%+0.9%+12.9%
Q3 2018-0.4%+2.9%+0.3%
Q2 2018-2.5%-2.6%-1.3%
Q1 2018+8.9%+11.3%+24.7%
Q4 2017-0.7%-0.7%-0.5%
Q3 2017-0.9%-1.6%-2.8%
Q2 2017-2.4%-2.5%-1.0%
Q1 2017+1.3%-0.4%+7.5%
Q4 2016-3.4%-8.5%-8.2%
Q3 2016+0.8%+8.2%+22.3%
Q2 2016+2.1%+1.8%-4.0%
Q1 2016-2.1%
Q4 2013+1.7%
Q4 2015+1.7%
Q3 2014-2.2%
Q3 2015-2.2%
Q2 2014-1.0%
Q2 2015-1.0%
Q4 2014+3.9%
Q1 2015+3.9%
Q1 2014
Q3 2013
Q2 2013
Q1 2013

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