RLJ Lodging (RLJ) Q2 FFO and Revenues Beat Estimates

RLJ Lodging (RLJ) came out with quarterly funds from operations (FFO) of $0.51 per share, beating the Zacks Consensus Estimate of$0.48 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 6.25$0.32 per share when it actually produced FFO of $0.33, delivering a surprise of 3.13%. Over the last four q ...