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

RLJ Lodging Trust

05/05/2025 14:31

RLJ Lodging Trust RLJ.N reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended March 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 to 2 cents per share.

Revenue rose 1.1% to $328.12 million from a year ago; analysts expected $327.72 million.

RLJ Lodging Trust's reported EPS for the quarter was a loss of 2 cents​.

The company reported a quarterly loss of $2.92 million.

RLJ Lodging Trust shares had fallen by 8.0% this quarter and lost 28.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "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 $10.00

This summary was machine generated from LSEG data May 5 at 01:31 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
Mar. 31 2025
0.30
0.31
Beat
Dec. 31 2024
0.30
0.33
Beat
Sep. 30 2024
0.35
0.40
Beat
Jun. 30 2024
0.49
0.51
Beat