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RLJ Lodging (RLJ) Reports Q3 Earnings: What Key Metrics Have to Say
RLJRLJ Lodging Trust(RLJ) ZACKS·2024-11-07 00:36

RLJ Lodging (RLJ) reported 345.74millioninrevenueforthequarterendedSeptember2024,representingayear−over−yearincreaseof3.4345.74 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 3.4%. EPS of 0.40 for the same period compares to 0.06ayearago.Thereportedrevenuerepresentsasurpriseof+0.740.06 a year ago.The reported revenue represents a surprise of +0.74% over the Zacks Consensus Estimate of 343.2 million. With the consensus EPS estimate being $0.35, the EPS surprise was +14.29%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...