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RLJ Lodging (RLJ) Q2 FFO Beat Estimates

RLJ Lodging (RLJ) came out with quarterly funds from operations (FFO) of 0.48pershare,beatingtheZacksConsensusEstimateof0.48 per share, beating the Zacks Consensus Estimate of 0.46 per share. This compares to FFO of 0.51pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof+4.350.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +4.35%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of 0.3 per share when it actually produced FFO of $0.31, delivering a surprise of +3.33%.Over the last four qu ...