RLJ Lodging: Q1 Earnings Insights - RLJ Lodging (NYSE:RLJ)

RLJ Lodging RLJ reported its Q1 earnings results on Thursday, May 4, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.

RLJ Lodging beat estimated earnings by 400.0%, reporting an EPS of $0.03 versus an estimate of $-0.01.

Revenue was up $71.60 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 1.39% drop in the share price the next day.

Here's a look at RLJ Lodging's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0	0.08	0.09	-0.16
EPS Actual	0	0.07	0.16	-0.13
Revenue Estimate	304.05M	313.68M	321.93M	239.16M
Revenue Actual	302.19M	318.07M	330.50M	242.90M

To track all earnings releases for RLJ Lodging visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.