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RLJ Lodging Trust (RLJ) Tops Q4 EPS by 2c, offers outlook

February 26, 2024 4:32 PM

RLJ Lodging Trust (NYSE: RLJ) reported Q4 EPS of $0.01, $0.02 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $319.7 million versus the consensus estimate of $314.27 million.

Outlook 2024:

Comparable RevPAR Growth: 2.5% to 5.5%

Comparable Hotel EBITDA: $395.0M to $425.0M

Adjusted EBITDA: $360.0M to $390.0M

Adjusted FFO per diluted share: $1.55 to $1.75

For earnings history and earnings-related data on RLJ Lodging Trust (RLJ) click here.

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Earnings