XHR Q1 2024 Earnings — Xenia Hotels & Resorts, Inc. Revenue & Financial Results | Market Cap Arena

XHRXenia Hotels & Resorts, Inc.

$1B

Q1 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$267M-0.6% YoY

Gross Profit

$70M26.2% margin

Operating Income

$28M10.3% margin

Net Income

$9M3.2% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

-$9M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$267M	$269M	-0.6%
Gross Profit	$70M	$77M	-8.3%
Operating Income	$28M	$34M	-18.2%
Net Income	$9M	$6M	+35.9%

Revenue Segments

Occupancy

$153M45%

Food and Beverage

$93M27%

Hotel, Other Indirect

$68M20%

Hotel, Other

$22M6%

Hotel, Other Direct

$6M2%

Geographic Segments

Other Geographic Areas

$61M25%

Orlando, Florida

$45M18%

Houston, Texas

$31M13%

Phoenix, Arizona

$23M9%

San Diego, California

$23M9%

Dallas, Texas

$21M8%

Atlanta, Georgia

$16M7%

San Francisco/ San Mateo, California

$14M6%

Washington DC, Maryland/ Virginia

$11M4%