A Preview Of RLJ Lodging's Earnings
Portfolio Pulse from Benzinga Insights
RLJ Lodging (NYSE:RLJ) is scheduled to release its quarterly earnings report on February 26, 2024. Analysts predict an EPS of $0.00. The company's past performance shows a pattern of beating EPS estimates, which has positively impacted its share price. Shares are currently trading at $12.0, with a 3.43% increase over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
February 23, 2024 | 4:01 pm
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RLJ Lodging is anticipated to report an EPS of $0.00 for the upcoming earnings, with a history of beating estimates. Shares have risen 3.43% over the last year, indicating positive investor sentiment.
Given RLJ Lodging's history of surpassing EPS estimates and the subsequent positive impact on its share price, it's likely that a continuation of this trend will lead to a short-term positive impact on the stock. The anticipation of positive guidance for future growth further bolsters this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100