RLJ Lodging (RLJ) Surpasses Q4 FFO and Revenue Estimates

Financial Performance - RLJ Lodging reported quarterly funds from operations (FFO) of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, but down from $0.34 per share a year ago, representing an FFO surprise of 13.79% [1] - The company posted revenues of $329.99 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.38%, compared to $319.71 million in the same quarter last year [2] Market Performance - RLJ Lodging shares have declined approximately 9.1% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The current consensus FFO estimate for the upcoming quarter is $0.32 on revenues of $333.17 million, and for the current fiscal year, it is $1.57 on revenues of $1.4 billion [7] Industry Outlook - The REIT and Equity Trust - Other industry, to which RLJ Lodging belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of RLJ Lodging may be influenced by the overall outlook for the industry, as empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions [5][8]