RLJ Lodging Trust Q1 Earnings Rise 5%

(RTTNews) - RLJ Lodging Trust (RLJ) released a profit for its first quarter that rose from last year.

The company said its bottom line advanced to $70.77 million, or $0.57 per share. This was up from $67.28 million, or $0.51 per share, in last year's first quarter.

The company said revenue for the quarter rose 1.8% to $275.17 million. This was up from $270.41 million last year.

RLJ Lodging Trust earnings at a glance:

-Earnings (Q1): $70.77 Mln. vs. $67.28 Mln. last year. -Earnings Growth (Y-o-Y): 5.2% -EPS (Q1): $0.57 vs. $0.51 last year. -EPS Growth (Y-o-Y): 11.8% -Revenue (Q1): $275.17 Mln vs. $270.41 Mln last year. -Revenue Change (Y-o-Y): 1.8%