RLJ Lodging (RLJ) Q2 FFO and Revenues Beat Estimates
RLJRLJ Lodging Trust(RLJ) ZACKS·2024-08-02 06:55

RLJ Lodging (RLJ) came out with quarterly funds from operations (FFO) of 0.51pershare,beatingtheZacksConsensusEstimateof0.51 per share, beating the Zacks Consensus Estimate of 0.48 per share. This compares to FFO of 0.56pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof6.250.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 6.25%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of 0.32 per share when it actually produced FFO of $0.33, delivering a surprise of 3.13%.Over the last four qua ...