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RLJ Lodging Trust (RLJ)
NYSE:RLJ
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.01Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: 0.76%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook for RLJ Lodging Trust, with strong RevPAR growth, successful conversions, increased shareholder returns, and a robust balance sheet being highlighted. However, there are challenges such as a slight occupancy decline and a difficult transaction market.Company Guidance
During the RLJ Lodging Trust fourth quarter 2024 earnings call, several key metrics and guidance for 2025 were highlighted. The company achieved a RevPAR growth of 2.2% for the fourth quarter, driven by a 2.5% increase in ADR, although occupancy slightly declined by 0.2%, with a 69.2% occupancy rate and an ADR of $198.71. Urban markets showed robust performance, with cities like New Orleans and Chicago CBD experiencing 27% and 19% RevPAR growth, respectively. The focus on capital allocation included completing six hotel conversions, resulting in 10% RevPAR growth for 2024, and repurchasing $22 million in stock. RLJ addressed all 2025 debt maturities, maintaining a strong balance sheet with $0.9 billion in liquidity and a $2.2 billion debt load. For 2025, RLJ anticipates RevPAR growth between 1% and 3%, adjusted EBITDA between $345 million and $375 million, and adjusted FFO per diluted share ranging from $1.46 to $1.66, with expectations for continued outperformance in urban markets driven by improving business travel and group demand.Strong RevPAR Growth
Achieved top quartile RevPAR growth that outpaced the industry with a 2.2% increase over the prior year, driven by urban markets which achieved 3.7% RevPAR growth in Q4.
Successful Asset Conversions
Completed three conversions in Houston, New Orleans, and Pittsburgh, achieving robust RevPAR growth of over 10% in 2024. The Courtyard Pittsburgh University Center conversion saw a 14% RevPAR increase year-over-year.
Increased Shareholder Returns
Enhanced shareholder returns by increasing the quarterly dividend by 50% and repurchasing approximately 2.3 million shares for $22 million at an average price of $9.39 per share.
Solid Financial Performance
Q4 EBITDA increased over the prior year for the second consecutive quarter. Hotel EBITDA of $90.4 million, with margins of 27.4%.
Strong Balance Sheet and Liquidity
Ended Q4 with over $0.9 billion of liquidity and $2.2 billion of debt. Successfully addressed 2025 debt maturities with a new $500 million term loan.
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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
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RLJ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $9.18 | $9.29 | +1.20% |
| Nov 06, 2024 | $9.20 | $9.35 | +1.63% |
| Aug 01, 2024 | $8.97 | $8.94 | -0.33% |
| May 01, 2024 | $10.52 | $10.27 | -2.38% |
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.
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FAQ
When does RLJ Lodging Trust (RLJ) report earnings?
RLJ Lodging Trust (RLJ) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is RLJ Lodging Trust (RLJ) earnings time?
RLJ Lodging Trust (RLJ) earnings time is at Apr 30, 2025, TBA Not 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 2025 (Q1) is -0.03.
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