Apple Hospitality REIT Inc expected to post earnings of 24  cents a share - Earnings Preview

Apple Hospitality REIT

04/11/2023 01:34

* Apple Hospitality REIT Inc  APLE.N   APLE.K  is expected
to show
a rise in quarterly revenue when it reports  results on November
7. 
    * The Richmond Virginia-based  company is expected to report
 a
3.4% increase in revenue to $352.827 million from $341.15
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Apple Hospitality
REIT
Inc is for earnings of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 $18​, above​ its last closing price of $16.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.48        0.48       0.49      Beat    1.5
 Mar. 31 2023  0.33        0.33       0.34      Beat    1.7
 Dec. 31 2022  0.33        0.33       0.33      Met     1.3​
 Sep. 30 2022  0.45        0.44       0.45      Beat    1.7
 ​​Jun.        0.47        0.46       0.48      Beat    3.6
 30 2022                                                
 Mar. 31 2022  0.26        0.26       0.28      Beat    9.8​
 Dec. 31 2021  0.26        0.26       0.26      Met     1.9
 Sep. 30 2021  0.32        0.30       0.33      Beat    8.8
 This summary was machine generated November 4 at 01:34 GMT.  All
figures in US dollars  unless otherwise stated