RLJ Lodging Trust (RLJ)
NYSE:RLJ
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.15Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple operational and financial strengths — RevPAR outperformance, robust urban market gains (notably Northern California), meaningful non-room revenue growth with margin expansion, solid EBITDA growth and conversions/renovations delivering tangible returns — alongside proactive balance sheet actions. Headwinds include elevated energy costs, shorter group booking windows that reduce visibility, a modest near-term shift in EBITDA contribution into the back half of the year, and a still-recovering transaction market. On balance the positive operational execution and strong liquidity/balance-sheet positioning outweigh the cited risks.Company Guidance
Solid Top-Line Revenue and RevPAR Outperformance
Reported RevPAR grew 4.8% in Q1 (RevPAR $149), outperforming the broader industry by ~100 basis points; RevPAR strengthened sequentially (February +6.1%, March +8.9%) with April preliminary ~+4%.
Occupancy and ADR Improvement
Occupancy rose 2.6% to 70.8% and ADR increased 2.1% to $210, contributing to balanced RevPAR gains between occupancy and rate.
Strong Urban Market Performance (Notable Market Gains)
Urban portfolio outperformed STR urban markets by ~110 bps; Northern California RevPAR +27%; New York +8%+; South Florida ~+10%; Houston and Denver each +14%.
Non-Room Revenue Growth and Margin Expansion
Non-room revenues increased 8.2% (led by F&B, parking, AV/meeting revenue and grab-and-go offerings), with non-room margins improving ~130 basis points and total revenues growing ~5.4%.
Strong EBITDA and Margin Expansion
Hotel EBITDA was $89.9M, up $6.1M year-over-year (+7.2%); hotel EBITDA margin expanded to 26.4%, up 45 basis points year-over-year; adjusted EBITDA was $80.9M and adjusted FFO per diluted share was $0.33 for Q1.
Conversions and Renovations Driving Upside
Four major high-occupancy renovations completed last year delivered +9% RevPAR and +10% EBITDA in the quarter; seven completed conversions produced +16% EBITDA growth and conversions' total revenues were up ~8% in aggregate. Company targets high-double-digit ROI on renovations and ~40% incremental-EBITDA upside on certain conversions (e.g., Wyndham Boston).
Balanced Capital Allocation and Shareholder Return
Paid a well-covered quarterly dividend of $0.15 per share and reiterated disciplined capital allocation (conversions, potential buybacks funded by dispositions when appropriate).
Proactive Balance Sheet Management and Liquidity
Refinancings expanded undrawn capacity by $500M; company expects to pay off $500M senior notes maturing July 1 and will have no debt maturities until 2029 thereafter; liquidity >$950M (including $600M undrawn revolver), weighted average interest rate ~4.6%, 75% of debt fixed/hedged, and 84 of 92 hotels unencumbered.
Revised Full-Year Framework Incorporates Q1 Strength
2026 guidance updated to reflect Q1: comparable RevPAR +1.5% to +3.5%; comparable hotel EBITDA $356M–$380M; corporate adjusted EBITDA $324M–$348M; adjusted FFO per diluted share $1.29–$1.45; capex expected $80M–$90M.
RLJ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RLJ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $8.30 | $8.35 | +0.60% |
Feb 26, 2026 | $8.12 | $7.86 | -3.25% |
Nov 05, 2025 | $6.59 | $6.59 | 0.00% |
Aug 07, 2025 | $6.94 | $6.54 | -5.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does RLJ Lodging Trust (RLJ) report earnings?
RLJ Lodging Trust (RLJ) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is RLJ Lodging Trust (RLJ) earnings time?
RLJ Lodging Trust (RLJ) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RLJ EPS forecast?
RLJ EPS forecast for the fiscal quarter 2026 (Q2) is 0.12.