Overview

* RLJ Lodging Trust ( RLJ ) Q3 revenue beats analyst expectations

* Company reports net loss of $3.8 mln for Q3 2025

* RLJ repurchased 0.2 mln shares for $1.3 mln during Q3

Outlook

* Company updates FY 2025 RevPAR growth to -2.6% to -1.9%

* Company expects FY 2025 Adjusted EBITDA between $324 mln and $332 mln

* Company projects FY 2025 Adjusted FFO per share of $1.31 to $1.37

Result Drivers

* RENOVATIONS IMPACT - Transformative renovations and Austin Convention Center closure negatively affected RevPAR by 200 bps

* OUT-OF-ROOM REVENUE GROWTH - Despite occupancy decline, RLJ achieved 1.3% growth in out-of-room revenues due to ROI initiatives

* COST CONTROL - Disciplined cost control efforts contributed to solid bottom-line results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $330.05 $326.60

Revenue mln mln (9

Analysts

)

Q3 Net -$3.80

Income mln

Q3 $80.75

Adjusted mln

Hotel

EBITDA

Q3 $41.10

Adjusted mln

FFO

Q3 $138.51

Adjusted

RevPAR

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the specialized reits peer group is "buy."

* Wall Street's median 12-month price target for RLJ Lodging Trust ( RLJ ) is $8.38, about 18.8% above its November 4 closing price of $6.80

* The stock recently traded at 79 times the next 12-month earnings vs. a P/E of 142 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)