Apple Hospitality REIT Inc expected to post earnings of 22  cents a share - Earnings Preview

Apple Hospitality REIT

02/08/2023 03:04

* Apple Hospitality REIT Inc  APLE.N   APLE.K  is expected
to show
a rise in quarterly revenue when it reports  results on August
3. 
    * The Richmond Virginia-based  company is expected to report
 a
4.1% increase in revenue to $351.379 million from $337.67
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 22 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 $15.30. ​​​

This summary was machine generated August 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated