Apple Hospitality REIT Inc expected to post earnings of 13cents a share - Earnings Preview

Apple Hospitality REIT

17/02/2023 22:42

* Apple Hospitality REIT Inc  APLE.N   APLE.K  is expected
to show
a rise in quarterly revenue when it reports  results on February
21. 
    * The Richmond Virginia-based  company is expected to report
 a
17.0% increase in revenue to $293.176 million from $250.59
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Apple Hospitality
REIT
Inc is for earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Apple
Hospitality
REIT Inc is $19​, above​ its last closing price of $17.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.45        0.44       0.45      Beat    1.7
 Jun. 30 2022  0.47        0.46       0.48      Beat    3.6
 Mar. 31 2022  0.26        0.26       0.28      Beat    9.8​
 Dec. 31 2021              0.26                         
 ​​Sep.        0.32        0.30       0.33      Beat    8.8
 30 2021                                                
 Jun. 30 2021  0.18        0.17       0.30      Beat    72​
 Mar. 31 2021  0.03        0.03       0.04      Beat    45.5
 Dec. 31 2020  0.01        0.02       -0.01     Missed  -161.5
 This summary was machine generated February 17 at 22:42 GMT. 
All figures in US dollars  unless otherwise stated