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Apple Hospitality REIT Q1 MFFO $0.170 Beats $0.100 Estimate, Sales $238.010M Miss $264.850M Estimate

Apple Hospitality REIT (NYSE:APLE) reported quarterly earnings of $0.170 per share which beat the analyst consensus estimate of $0.100 by 70 percent. This is a 55.26 percent decrease over earnings of $0.380 per share

Benzinga · 05/18/2020 20:18

Apple Hospitality REIT (NYSE:APLE) reported quarterly earnings of $0.170 per share which beat the analyst consensus estimate of $0.100 by 70 percent. This is a 55.26 percent decrease over earnings of $0.380 per share from the same period last year. The company reported quarterly sales of $238.010 million which missed the analyst consensus estimate of $264.850 million by 10.13 percent. This is a 21.65 percent decrease over sales of $303.787 million the same period last year.