RLJ Lodging Trust (RLJ) reported that its first-quarter Funds from operations or FFO attributable to common shareholders was $27.0 million, compared to $16.5 million in the year ago quarter.
Adjusted FFO for the quarter was $28.53 million, compared to $19.98 million in the comparable quarter last year. Adjusted FFO per share and unit for the current quarter was $0.27.
Net loss attributable to common shareholders for the quarter narrowed to $6.5 million from $16.1 million in prior year period. Loss per share for the current first quarter was $0.06. On average, three analysts polled by Thomson Reuters expected the company to report a loss of $0.11 per share. Analysts' estimates typically exclude special items.
Total revenues for the quarter rose to $183.19 million from $168.17 million in the prior year quarter, while eight analysts estimated revenue of $178.94 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.