RLJ Lodging Trust Reaffirms FY24 Outlook Of AFFO $1.55-$1.75
Portfolio Pulse from Benzinga Newsdesk
RLJ Lodging Trust has reaffirmed its full-year 2024 outlook for Adjusted Funds From Operations (AFFO) to be in the range of $1.55 to $1.75.
May 01, 2024 | 9:44 pm
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RLJ Lodging Trust reaffirms its FY24 AFFO outlook, indicating confidence in its financial performance and operational stability.
Reaffirming the AFFO outlook suggests RLJ Lodging Trust's management is confident in the company's ability to achieve its financial targets, which could positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
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