20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
RLJ Lodging (NYSE:RLJ) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
RLJ Lodging beat estimated earnings by 400.0%, reporting an EPS of $0.03 versus an estimate of $-0.01.
Revenue was up $71.60 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 1.39% drop in the share price the next day.
Here's a look at RLJ Lodging's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0 | 0.08 | 0.09 | -0.16 |
EPS Actual | 0 | 0.07 | 0.16 | -0.13 |
Revenue Estimate | 304.05M | 313.68M | 321.93M | 239.16M |
Revenue Actual | 302.19M | 318.07M | 330.50M | 242.90M |
To track all earnings releases for RLJ Lodging visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!