Thursday, March 27, 2014 10:53:11 AM
RLJ's revenue growth has slightly outpaced the industry average of 6.8%. Since the same quarter one year prior, revenues slightly increased by 9.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
RLJ LODGING TRUST reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, RLJ LODGING TRUST increased its bottom line by earning $0.87 versus $0.40 in the prior year. This year, the market expects an improvement in earnings ($1.01 versus $0.87).
The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 99.9% when compared to the same quarter one year prior, rising from $13.73 million to $27.45 million.
http://www.thestreet.com/story/12548903/1/today-rlj-lodging-rlj-hits-new-lifetime-high.html
Recent RLJ News
- RLJ Lodging Trust Reports First Quarter 2024 Results • Business Wire • 05/01/2024 09:00:00 PM
- RLJ Lodging Trust Announces Dividends for First Quarter of 2024 • Business Wire • 03/15/2024 01:00:00 PM
- RLJ Lodging Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates • Business Wire • 03/12/2024 01:00:00 PM
- RLJ Lodging Trust Reports Fourth Quarter and Full Year 2023 Results • Business Wire • 02/26/2024 09:30:00 PM
- RLJ Lodging Trust Announces Tax Treatment of 2023 Dividends • Business Wire • 01/31/2024 01:00:00 PM
- RLJ Lodging Trust’s Zachari Dunes on Mandalay Beach Hotel Named ‘Best New Hotel’ for 2023 • Business Wire • 01/16/2024 02:00:00 PM
- RLJ Lodging Trust Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Dates • Business Wire • 01/12/2024 02:00:00 PM
- RLJ Lodging Trust Announces Dividends for Fourth Quarter of 2023 • Business Wire • 12/15/2023 02:00:00 PM
- RLJ Lodging Trust Provides Update on its Embedded Value Creation Initiatives • Business Wire • 11/13/2023 02:25:00 PM
- RLJ Lodging Trust Reports Third Quarter 2023 Results • Business Wire • 11/01/2023 08:30:00 PM
- RLJ Lodging Trust Announces Dividends for Third Quarter of 2023 • Business Wire • 09/15/2023 01:00:00 PM
- RLJ Lodging Trust Sets Dates for Third Quarter 2023 Earnings Release and Conference Call • Business Wire • 09/14/2023 01:00:00 PM
- RLJ Lodging Trust Reports Second Quarter 2023 Results • Business Wire • 08/03/2023 09:33:00 PM
- RLJ Lodging Trust’s Boutique Nashville Hotel to Join Hilton’s Tapestry Collection • Business Wire • 07/20/2023 01:00:00 PM
- RLJ Lodging Trust Sets Dates for Second Quarter 2023 Earnings Release and Conference Call • Business Wire • 06/16/2023 01:00:00 PM
- RLJ Lodging Trust Announces Dividends for Second Quarter of 2023 • Business Wire • 06/15/2023 01:00:00 PM
- RLJ Lodging Trust Announces the Appointment of Chad Perry as Executive Vice President and General Counsel • Business Wire • 06/14/2023 01:00:00 PM
- RLJ Lodging Trust Successfully Refinances $600 Million Senior Unsecured Credit Facility and $225 Million of Term Loans • Business Wire • 05/16/2023 01:00:00 PM
- RLJ Lodging Trust Reports First Quarter 2023 Results • Business Wire • 05/04/2023 08:30:00 PM
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