Fri, May 2, 8:48 PM (9 days ago)
**Xenia Hotels & Resorts, Inc. (XHR) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $288.93 million, up 8% from Q1 2024 ($267.49 million). - **Net Income:** $16.51 million, an 84.1% increase from Q1 2024 ($8.97 million). - **Operating Income:** $35.86 million, up from $27.63 million in Q1 2024. - **Earnings per Share (EPS):** $0.15, up from $0.08 in Q1 2024. - **Cash Flow from Operations:** $54.77 million, more than double the $24.73 million in Q1 2024. **Profit Margins:** - **Operating Margin:** Approximately 12.4% (Operating Income / Total Revenue). - **Net Margin:** Approximately 5.7% (Net Income / Total Revenue). **Cash Flow:** - **Operating Cash Flow:** $54.77 million, a significant increase from $24.73 million in Q1 2024. - **Investing Cash Flow:** -$56.20 million, primarily due to capital expenditures and property acquisitions. - **Financing Cash Flow:** $39.92 million, driven by borrowings and share repurchases. **Earnings Changes:** - **Year-over-Year (YoY) Change in Net Income:** +84.1%. - **YoY Change in Operating Income:** +29.8%. **Quarterly Performance Discussion:** - **Revenue Growth:** Driven by increases in rooms, food and beverage, and other revenues. - **Expense Management:** Total hotel operating expenses increased by 6.8%, largely due to higher occupancy and renovation disruptions in the prior period. - **Capital Expenditures:** $32.4 million in capital improvements and $25.4 million for the purchase of land associated with a ground lease. **Trends & Uncertainties:** - **Positive Trends:** Increased RevPAR, occupancy, and ADR. - **Uncertainties:** Economic conditions, interest rates, and potential recessions. **Future Operations Impact:** - **Strategic Initiatives:** Focus on maximizing revenue, enhancing portfolio value, and generating sustainable cash flow. - **Debt Management:** Outstanding total debt of $1.44 billion with a weighted-average interest rate of 5.67%. - **Share Repurchases:** $35.8 million spent on repurchasing 2.73 million shares in Q1 2025. **Ticker:** XHR