08:28 AM EDT, 05/05/2025 (MT Newswires) -- RLJ Lodging Trust ( RLJ ) reported Q1 adjusted funds from operations Monday of $0.31 per diluted share, down from $0.33 a year earlier.

Analysts surveyed by FactSet expected $0.30.

Revenue for the quarter ended March 31 was $328.1 million, up from $324.4 million a year earlier.

Analysts surveyed by FactSet expected $327.4 million.

The real estate investment trust said it now expects full-year 2025 AFFO to be in the range of $1.38 to $1.58 per diluted share, compared with $1.46 to $1.66 previously. Analysts surveyed by FactSet expect $1.52.

Shares of the company were up 6% in recent premarket activity.