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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