RLJ Lodging Trust Q3 revenue beats expectations

RLJ Lodging Trust

05/11/2025 22:38

Overview

RLJ Lodging Trust Q3 revenue beats analyst expectations

Company reports net loss of $3.8 mln for Q3 2025

RLJ repurchased 0.2 mln shares for $1.3 mln during Q3

Outlook

Company updates FY 2025 RevPAR growth to -2.6% to -1.9%

Company expects FY 2025 Adjusted EBITDA between $324 mln and $332 mln

Company projects FY 2025 Adjusted FFO per share of $1.31 to $1.37

Result Drivers

RENOVATIONS IMPACT - Transformative renovations and Austin Convention Center closure negatively affected RevPAR by 200 bps

OUT-OF-ROOM REVENUE GROWTH - Despite occupancy decline, RLJ achieved 1.3% growth in out-of-room revenues due to ROI initiatives

COST CONTROL - Disciplined cost control efforts contributed to solid bottom-line results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$330.05 mln
$326.60 mln (9 Analysts)
Q3 Net Income
-$3.80 mln
Q3 Adjusted Hotel EBITDA
$80.75 mln
Q3 Adjusted FFO
$41.10 mln
Q3 Adjusted RevPAR
$138.51


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy."

Wall Street's median 12-month price target for RLJ Lodging Trust is $8.38, about 18.8% above its November 4 closing price of $6.80

The stock recently traded at 79 times the next 12-month earnings vs. a P/E of 142 three months ago

Press Release: ID:nBw3VQcXNa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)