A Preview Of Apple Hospitality REIT's Q4 Earnings

Apple Hospitality REIT, Inc. Common Shares APLE releases its next round of earnings Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Earnings and Revenue

Analysts predict Apple Hospitality REIT will report earnings of 17 cents per share on revenue of $288 million.

In the same quarter last year, Apple Hospitality REIT reported earnings per share of 37 cents per share on revenue of $282.43 million. The analyst consensus estimate would represent a 54.05 percent decline in the company's EPS figure. Revenue would be have grown 1.98 percent from the same quarter last year.

Here's how the company's EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.3 0.36 0.19  
EPS Actual 0.48 0.51 0.39 0.37

 

Stock Performance

Over the last 52-week period, shares are down 10.28 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Apple Hospitality REIT stock is a Sell. The validity of this rating has dwindled over the past 90 days.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!