Overview
RLJ Lodging Trust Q3 revenue beats analyst expectations
Company reports net loss of $3.8 mln for Q3 2025
RLJ repurchased 0.2 mln shares for $1.3 mln during Q3
Outlook
Company updates FY 2025 RevPAR growth to -2.6% to -1.9%
Company expects FY 2025 Adjusted EBITDA between $324 mln and $332 mln
Company projects FY 2025 Adjusted FFO per share of $1.31 to $1.37
Result Drivers
RENOVATIONS IMPACT - Transformative renovations and Austin Convention Center closure negatively affected RevPAR by 200 bps
OUT-OF-ROOM REVENUE GROWTH - Despite occupancy decline, RLJ achieved 1.3% growth in out-of-room revenues due to ROI initiatives
COST CONTROL - Disciplined cost control efforts contributed to solid bottom-line results
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $330.05 mln | $326.60 mln (9 Analysts) |
Q3 Net Income | -$3.80 mln | ||
Q3 Adjusted Hotel EBITDA | $80.75 mln | ||
Q3 Adjusted FFO | $41.10 mln | ||
Q3 Adjusted RevPAR | $138.51 |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for RLJ Lodging Trust is $8.38, about 18.8% above its November 4 closing price of $6.80
The stock recently traded at 79 times the next 12-month earnings vs. a P/E of 142 three months ago
Press Release: ID:nBw3VQcXNa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)