廣告
香港股市 將在 1 小時 22 分鐘 開市
  • 恒指

    19,636.22
    +82.61 (+0.42%)
     
  • 國指

    6,964.99
    +30.29 (+0.44%)
     
  • 上證綜指

    3,171.15
    +17.12 (+0.54%)
     
  • 道指

    39,806.77
    -196.82 (-0.49%)
     
  • 標普 500

    5,308.13
    +4.86 (+0.09%)
     
  • 納指

    16,794.88
    +108.91 (+0.65%)
     
  • Vix指數

    12.15
    +0.16 (+1.33%)
     
  • 富時100

    8,424.20
    +3.94 (+0.05%)
     
  • 紐約期油

    79.65
    -0.15 (-0.19%)
     
  • 金價

    2,430.20
    -8.30 (-0.34%)
     
  • 美元

    7.7986
    +0.0006 (+0.01%)
     
  • 人民幣

    0.9271
    0.0000 (0.00%)
     
  • 日圓

    0.0496
    -0.0001 (-0.10%)
     
  • 歐元

    8.4688
    +0.0029 (+0.03%)
     
  • Bitcoin

    71,355.87
    +5,106.03 (+7.71%)
     
  • CMC Crypto 200

    1,516.18
    +161.76 (+11.95%)
     

RLJ Lodging (RLJ) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

RLJ Lodging (RLJ) reported $324.41 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 3.2%. EPS of $0.33 for the same period compares to $0.03 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $321.79 million, representing a surprise of +0.82%. The company delivered an EPS surprise of +3.13%, with the consensus EPS estimate being $0.32.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

廣告

Here is how RLJ Lodging performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenue- Other revenue: $22.09 million versus $21.26 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +8.4% change.

  • Revenue- Food and beverage revenue: $35.69 million versus the three-analyst average estimate of $34.30 million. The reported number represents a year-over-year change of +7.2%.

  • Revenue- Room revenue: $266.63 million versus the three-analyst average estimate of $264.95 million. The reported number represents a year-over-year change of +2.2%.

  • Net Earnings Per Share (Diluted): -$0.01 versus the three-analyst average estimate of -$0.01.

View all Key Company Metrics for RLJ Lodging here>>>

Shares of RLJ Lodging have returned -5% over the past month versus the Zacks S&P 500 composite's -4.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

RLJ Lodging Trust (RLJ) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research