The third quarter financial results of Apple Hospitality REIT (NYSE: APLE) will be revealed on Monday 4th November 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.
Wall Street financial analysts are foreseeing that the firm is likely to announce an estimated per share $0.25 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $380.15 million during the quarter.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $1.43 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $0.89 during the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.45. Moreover, the company generated a total revenue of $358.26 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.50 | +2.0% | 390.08 M | +7.9% |
| Q1 2024 | $0.34 | 0% | 329.51 M | +5.8% |
| Q4 2023 | $0.31 | -6.1% | 312.46 M | +4.5% |
| Q3 2023 | $0.45 | 0% | 358.26 M | +5.0% |
| Q2 2023 | $0.49 | +2.1% | 361.63 M | +7.1% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 5th November 2024 at 10:00 AM eastern time, in a conference call with public.
Friday's trading saw Apple Hospitality REIT (APLE) shares hit a low of $14.68 and a high of $14.95, with a day volume of 1.23 million shares. The stock closed the regular trading session at $14.68, showing 0.61 percent downfall.
