RLJ Lodging Trust Reports First Quarter 2021 Results

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Go back to RLJ Lodging Trust Reports First Quarter 2021 Results

RLJ Lodging Trust (RLJ) Tops Q1 EPS by 4c, Revenues Beat

May 5, 2021 5:13 PM EDT

RLJ Lodging Trust (NYSE: RLJ) reported Q1 EPS of ($0.51), $0.04 better than the analyst estimate of ($0.55). Revenue for the quarter came in at $119.55 million versus the consensus estimate of $113.77 million.

First Quarter Highlights

Repaid $200.0 million on Revolving Credit FacilitySold one non-core hotel for a gain of $1.1 million97 hotels open during the first quarter,... More