XHR reports Q2 revenue of $295.49M and FFO of $0.61, missing estimates by $6.61M and $0.01 respectively.
Xenia Hotels & Resorts reported Q2 funds from operations of $0.61 per share, missing estimates by $0.01. Revenue reached $295.49 million, up 2.8% year-over-year but $6.61 million below expectations.
The company posted a net loss of $0.21 per diluted share and adjusted EBITDAre of $78.1 million, down 1.8% from the prior year. The results prompted an update to its FY26 outlook, reflecting weaker-than-anticipated performance.
Shares may face pressure as investors reassess growth projections amid softer earnings and revised guidance.