XHR earnings analysis
What we found in XHR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Xenia Hotels & Resorts reported strong Q1 2026 results with revenue of $295.4 million, up 2.2% year-over-year, and EPS of $0.63, exceeding estimates. The company benefited from increased occupancy and average daily rates, demonstrating the effectiveness of its operational strategies amidst rising demand in the lodging sector.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth of 2.2% YoY
- Revenue increased to $295.4 million from $288.9 million in Q1 2025.
- Strong EPS Beat
- Reported EPS for the quarter was $0.63, significantly above the estimated $0.37.
- RevPAR Increased by 9.1%
- RevPAR improved to $205.93, up from $188.73 in Q1 2025, driven by higher occupancy.
- Operating Income Increase
- Net income rose 28.5% to $21.2 million compared to $16.5 million in Q1 2025.
- Adjusted FFO Growth of 16.3%
- Adjusted FFO attributable to common stock holders increased to $60.6 million from $52.1 million in Q1 2025.
- Decrease in Interest Expense
- Interest expenses were reduced to $20.9 million from $21.1 million in Q1 2025.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- High Debt Levels
- Total outstanding debt was $1.4 billion as of March 31, 2026, with a weighted average interest rate of 5.53%.
- Economic Sensitivity
- The company's performance is heavily tied to economic factors and consumer confidence, which remain volatile.
- Regulatory Risks
- Changes in federal, state, or local tax laws could adversely affect the REIT's payouts and operational flexibility.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.63
- Gross margin
- 32.3%
- Operating margin
- 14.0%
What they said about what is next.
Outlook includes increased estimates for Adjusted EBITDAre to $258-$274 million from $250-$270 million.
The filing reads better than the one before it.
What came before.
- 10-K · February 24, 2026
- Xenia reiterates a focused strategy of investing in luxury and upper-upscale hotels concentrated in the top 25 U.S. lodging markets and key leisure destinations, supported by an in-house asset and project management…
- 10-Q · May 2, 2025
- Xenia reported Q1 revenue of $288,927,000, up $21,439,000 (+8.0%) versus Q1 2024 revenue of $267,488,000, with operating income rising to $35,864,000 (operating margin ~12.4%) and diluted EPS of $0.15 (vs $0.08 prior…
- 10-Q · May 3, 2024
- Xenia Hotels & Resorts reported Q1 2024 results with revenues of $267.49 million, slightly down from $268.97 million in Q1 2023, while EPS rose to $0.44, exceeding estimates and demonstrating growth from $0.06 in the…
- 10-Q · August 2, 2023
- Xenia reported Q2 2023 revenue of $271.1M (down from $283.5M in Q2 2022) and operating income of $35.0M (down from $50.7M a year ago), driving net income of $14.4M and diluted EPS of $0.12 for the quarter. Operating…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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