RLJ Lodging Trust reports results for the quarter ended December 31 - Earnings Summary

RLJ Lodging Trust

25/02/2025 23:41

RLJ Lodging Trust RLJ.N reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 1 cents.  The mean expectation of six analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -9 cents tozero cents per share.

Revenue rose 3.2% to $329.99 million from a year ago; analysts expected $324.80 million.

RLJ Lodging Trust's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $903 thousand.

RLJ Lodging Trust shares had fallen by 9.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell."

The average consensus recommendation for the specialized reits peer group is also "hold"

Wall Street's median 12-month price target for RLJ Lodging Trust is $11.50

This summary was machine generated from LSEG data February 25 at 11:41 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.30
0.33
Beat
Sep. 30 2024
0.35
0.40
Beat
Jun. 30 2024
0.49
0.51
Beat
Mar. 31 2024
0.34
0.33
Missed