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Market Impact: 0.25

RLJ Lodging (RLJ) Q1 FFO and Revenues Surpass Estimates

RLJ
Corporate EarningsCompany FundamentalsAnalyst EstimatesHousing & Real Estate

RLJ Lodging reported quarterly FFO of $0.33 per share, ahead of the Zacks Consensus Estimate of $0.27 and up from $0.31 a year ago. The 6-cent beat versus consensus and 2-cent year-over-year improvement point to better-than-expected operating performance. The news is positive for a REIT, but the article contains no guidance or broader operational details.

Analysis

RLJ Lodging reported quarterly FFO of $0.33 per share, ahead of the Zacks Consensus Estimate of $0.27 and up from $0.31 a year ago. The 6-cent beat versus consensus and 2-cent year-over-year improvement point to better-than-expected operating performance. The news is positive for a REIT, but the article contains no guidance or broader operational details.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

RLJ0.35