RLJ Lodging Trust expected to post breakeven results a share - Earnings Preview

RLJ Lodging Trust

25/02/2023 03:03

* RLJ Lodging Trust  RLJ.N   RLJ  is expected to show a rise
in
quarterly revenue when it reports  results on February 27. 
    * The Bethesda Maryland-based  company is expected to report
 a
27.7% increase in revenue to $304.047 million from $238.09
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RLJ Lodging Trust
is for
breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RLJ Lodging
Trust
is $15​, above​ its last closing price of $11.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.38        0.38       0.40      Beat    4.3
 Jun. 30 2022  0.44        0.43       0.49      Beat    13
 Mar. 31 2022  0.13        0.13       0.14      Beat    8.7​
 Dec. 31 2021  0.14        0.15       0.14      Missed  -8.8
 ​​Sep.        0.14        0.14       0.17      Beat    21.4
 30 2021                                                
 Jun. 30 2021  -0.04       -0.03      0.07      Beat    350​
 Mar. 31 2021  -0.22       -0.22      -0.18     Beat    18.6
 Dec. 31 2020  -0.29       -0.30      -0.28     Beat    7
 This summary was machine generated February 25 at 03:02 GMT. 
All figures in US dollars  unless otherwise stated