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StocksMediumUpdated•Originally published 1 May 2026•Updated 1 May 2026•

1 min read

DiamondRock Hospitality Q1 Results Beat Estimates as 2026 Guidance Raised

Key Facts

1UMH Properties reported Q1 revenue of $65.8 million, exceeding FactSet estimates of $59.4 million.

2Q1 normalized FFO reached $0.23, matching analyst expectations.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Updated the story to include DiamondRock Hospitality's Q1 earnings beat and upwardly revised 2026 guidance.

DiamondRock Hospitality reported strong financial results for the first quarter, with revenue reaching $258.2 million, exceeding FactSet estimates of $256.6 million. The company's profitability also surprised to the upside, as Adjusted Funds From Operations (Adjusted FFO) rose to $0.22 per share, beating the analyst consensus of $0.19. These results highlight the robust performance of the company's hospitality portfolio and sustained demand trends. Consequently, management has raised its 2026 Adjusted FFO guidance to a range of $1.12 to $1.18 per share. This upward revision reflects management's confidence in the firm's long-term growth trajectory and operational efficiency. Investors are closely watching the company's ability to maintain this momentum within the competitive REIT sector.