RLJ L
RLJ Lodging (RLJ) got here out with quarterly funds from operations (FFO) of $0.41 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to FFO of $0.49 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an FFO shock of seven.89%. 1 / 4 in the past, it was anticipated that this resort actual property funding belief would publish FFO of $0.45 per share when it truly produced FFO of $0.46, delivering a shock of two.22%.
Over the past 4 quarters, the corporate has surpassed consensus FFO estimates thrice.
RLJ Lodging, which belongs to the Zacks REIT and Fairness Belief – Different trade, posted revenues of $347.07 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 1.23%. This compares to year-ago revenues of $399.90 million. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
The…