RLJ Lodging (RLJ) Surpasses Q3 FFO and Revenue Estimates

RLJ Lodging (RLJ) came out with quarterly funds from operations (FFO) of $0.40 per share, beating the Zacks Consensus Estimate of$0.35 per share. This compares to FFO of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 14.29$0.48 per share when it actually produced FFO of $0.51, delivering a surprise of 6.25%.Over the last four qu ...