Q2 2018

Justin Knight, President and Chief Executive Officer of Apple Hospitality REIT, commented, “Hotel operations for our portfolio during the second quarter and first half of 2018 were generally in line with our expectations. Despite continued inflationary and wage pressures and moderate rate growth, we produced industry-leading margins of 40 percent for the quarter. Subsequent to the quarter, we successfully refinanced over $1 billion of our credit facilities, extending their maturities and reducing their applicable spreads. We appreciate the support of our lenders and their recognition of the relative performance and stability of our Company, another example of the benefits of our operating philosophy. As we enter the second half of the year, we are confident in our ability to effectively manage our business and to maximize the value of opportunities as they arise.”
Press Release - Apple Hospitality Reit

A Apple Hospitality REIT Inc. (NYSE: APLE) anunciou seu resultado trimestral de ganhos na segunda-feira, 6 de agosto. A companhia reportou lucro de US $ 0,29 por ação no trimestre, abaixo da estimativa de consenso da Thomson Reuters, que era de US $ 0,51, por US $ 0,22. A empresa teve receita de US $ 344,70 milhões durante o trimestre, ao passo que a estimativa de consenso era de US $ 347,27 milhões. A Apple Hospitality REIT teve uma margem líquida de 13,55% e um retorno sobre o patrimônio líquido de 4,80%. A receita da empresa cresceu 10,6% em relação ao ano anterior. Durante o mesmo período do ano anterior, a empresa reportou lucro de US $ 0,51 EPS.
NYSE:APLE - Stock Price, News, & Analysis for Apple Hospitality REIT