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

RLJ Lodging Trust

27/02/2023 23:32

* RLJ Lodging Trust  RLJ.N  reported quarterly breakeven
results​​
per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for breakeven
results per share.
    * Revenue rose 26.9% to $302.19 million from a year ago;
analysts
expected $304.05 million. 
    * RLJ Lodging Trust's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * RLJ Lodging Trust shares had risen by 8.2% this quarter.
    * The company reported quarterly net income of $334
thousand.
    * Wall Street's median 12-month price target for RLJ Lodging
Trust
is $15.00 
    * 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." 

This summary was machine generated from Refinitiv data February
27 at 11:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.32           0.33           Beat
 Sep. 30 2022      0.38           0.40           Beat
 Jun. 30 2022      0.43           0.49           Beat
 Mar. 31 2022      0.13           0.14           Beat