RLJ Lodging Trust reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 277.09 million compared to USD 267.36 million a year ago. Revenue was USD 334.41 million compared to USD 318.07 million a year ago. Net income was USD 16.43 million compared to USD 17.59 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.07 a year ago.
For the nine months, sales was USD 833.42 million compared to USD 753.82 million a year ago. Revenue was USD 1,005.87 million compared to USD 891.47 million a year ago. Net income was USD 68.47 million compared to USD 35.31 million a year ago. Basic earnings per share from continuing operations was USD 0.31 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to USD 0.1 a year ago.