08:02 AM EDT, 05/04/2026 (MT Newswires) -- RLJ Lodging Trust ( RLJ ) reported Q1 adjusted funds from operations Monday of $0.33 per diluted share, up from $0.31 a year earlier.

Revenue for the quarter ended March 31 was $340 million, up from $328.1 million a year earlier.

Analysts surveyed by FactSet expected $323.5 million.

The real estate investment trust said it now expects full-year 2026 adjusted FFO to be in the range of $1.29 to $1.45 per diluted share, compared with $1.21 to $1.41 previously.

Shares of the company were up more than 2% in Monday premarket activity.