RLJ Lodging (RLJ) Surpasses Q3 FFO and Revenue Estimates
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RLJ Lodging (RLJ) reported Q3 funds from operations (FFO) of $0.40 per share, surpassing the Zacks Consensus Estimate of $0.35 per share. This matches the FFO from the same quarter last year.
November 07, 2024 | 12:30 am
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POSITIVE IMPACT
RLJ Lodging reported Q3 FFO of $0.40 per share, exceeding expectations and matching last year's performance.
RLJ Lodging's Q3 FFO exceeded analyst expectations, which is typically a positive indicator for stock performance. The fact that it matches last year's FFO suggests stability in their financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100