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BHRBearishEarningsnews
Materiality pending

Braemar Hotels & Resorts (BHR) Beats Q1 FFO and Revenue Estimates

May 8, 2024, 8:30 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Braemar Hotels & Resorts reported FFO of $0.42 per share, beating estimates, with revenues surpassing expectations. - The company belongs to the Zacks REIT and Equity Trust - Other industry. - Stock performance relies on future FFO expectations and management's commentary. - Braemar Hotels & Resorts shares have gained 7.2% YTD, underperforming the S&P 500. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Braemar Hotels & Resorts reported FFO of $0.42 per share, beating estimates, with revenues surpassing expectations.
  • The company belongs to the Zacks REIT and Equity Trust - Other industry.
  • Stock performance relies on future FFO expectations and management's commentary.
  • Braemar Hotels & Resorts shares have gained 7.2% YTD, underperforming the S&P 500.

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