RLJ Lodging Trust (NYSE: RLJ) has announced that it will be unveiling its third quarter financial results on Wednesday 6th November 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
As per the projections made by financial experts on Wall Street, the concern is expected to announce an estimated $0.35 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $343.14 million.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.36 billion. Additionally, they are expecting the company to achieve per share profit of $0.16 for the fiscal year.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.06. This notable figure was attributed to the company's total revenue, which settled at an impressive $334.41 million during that specific quarter.
RLJ has scheduled a conference call on 7th November 2024 at 12:00 PM eastern time to discuss the third quarter financial results and other related information.
RLJ Lodging Trust (RLJ) closed Friday's regular trading session at $8.77, demonstrating a 0.9 percent fall. During the day, RLJ shares traded between $8.76 and $8.99, with a day volume of 1.37 million shares.
