DiamondRock Hospitality: Q1 Earnings Snapshot
The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $39.5 million, or 19 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 17 cents per share. Funds from operations is a closely watched measure in the REIT industry.