RLJ Lodging Trust Reports Third Quarter 2019 Results

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Go back to RLJ Lodging Trust Reports Third Quarter 2019 Results

RLJ Lodging Trust (RLJ) Tops Q3 EPS by 3c

November 7, 2019 4:42 PM EST

RLJ Lodging Trust (NYSE: RLJ) reported Q3 EPS of $0.15, $0.03 better than the analyst estimate of $0.12. Revenue for the quarter came in at $371.12 million versus the consensus estimate of $372.5 million.

Highlights

Pro forma RevPAR decreased slightly by 0.3%, driven by a decline of 0.8% in ADR, partially... More