RLJ Lodging Trust Q1 Adjusted FFO Declines, Revenue Rises; 2025 AFFO Guidance Lowered

MT Newswires Live
05-05

RLJ Lodging Trust (RLJ) reported Q1 adjusted funds from operations Monday of $0.31 per diluted share, down from $0.33 a year earlier.

Analysts surveyed by FactSet expected $0.30.

Revenue for the quarter ended March 31 was $328.1 million, up from $324.4 million a year earlier.

Analysts surveyed by FactSet expected $327.4 million.

The real estate investment trust said it now expects full-year 2025 AFFO to be in the range of $1.38 to $1.58 per diluted share, compared with $1.46 to $1.66 previously. Analysts surveyed by FactSet expect $1.52.

Shares of the company were up 6% in recent premarket activity.

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