Apple Hospitality REIT Inc <APLE.N> expected to post earnings of 10 cents a share - Earnings Preview

ReutersFeb 21, 2025 10:18 PM

Apple Hospitality REIT Inc APLE.N, APLE.K is expected to show a rise in quarterly revenue when it reports results on February 24 for the period ending December 31 2024
The Richmond Virginia-based company is expected to report a 5.6% increase in revenue to $329.88 million from $312.46 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
LSEG's mean analyst estimate for Apple Hospitality REIT Inc is for earnings of 10 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "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 $17.00, above its last closing price of $14.76.

Previous quarterly performance (using preferred earnings measure in US dollars).

QUARTER ENDING	STARMINESMARTESTIMATE®	LSEG IBES ESTIMATE	ACTUAL	BEAT, MET, MISSED	SURPRISE %
Sep. 30 2024	0.44	0.45	0.45	Met	0.8
Jun. 30 2024	0.50	0.50	0.50	Met	0.3
Mar. 31 2024	0.34	0.34	0.34	Met	0.4
Dec. 31 2023	0.30	0.31	0.31	Met	1.2
Sep. 30 2023	0.45	0.45	0.45	Met	0
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

This summary was machine generated February 21 at 22:18 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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