Xenia Hotels & Resorts (XHR) reported Q1 adjusted funds from operations Friday of $0.51 per diluted share, up from $0.44 a year earlier.
Analysts polled by FactSet expected $0.42.
Revenue for the quarter ended March 31 was $288.9 million compared with $267.5 million a year earlier.
Analysts surveyed by FactSet expected $275.3 million.
The company widened its 2025 adjusted funds from operations guidance to $1.50 to $1.75 per diluted share from $1.55 to $1.74. Analysts surveyed by FactSet expect $1.46.
Shares of the company fell 6.3% in recent premarket activity.
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