BETHESDA, Md. (AP) _ DiamondRock Hospitality Co. (DRH) on Wednesday reported a loss in funds from operations in its fourth quarter, after reporting a profit in the same period a year earlier. The results exceeded Wall Street expectations.

The Bethesda, Maryland-based real estate investment trust said it had a funds from operations loss of $8.3 million, or 4 cents per share, in the period.

The average estimate of four analysts surveyed by Zacks Investment Research was for a funds from operations loss of 16 cents per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $209.9 million, or $1.04 per share.

The hotel and resort real estate investment trust posted revenue of $59 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $62.3 million.

For the year, the company reported funds from operations losses of $85.3 million, swinging to a loss in the period. Revenue was reported as $299.5 million.

The company's shares have increased 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.22, a decline of 1% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DRH at https://www.zacks.com/ap/DRH

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