Home Markets Earnings Estimate Forecast on Apple Hospitality REIT, Inc.(APLE)

Earnings Estimate Forecast on Apple Hospitality REIT, Inc.(APLE)


Apple Hospitality REIT, Inc.(APLE): For the most recent quarter end, Apple Hospitality REIT, Inc. reported Annual Earnings of $0.49. Based on the filings, last years Annual Earnings was, $1.59. For the most recent quarter end, APLE reported a surprise Earnings per Share of -3.92% . The consensus estimate for current quarter is $0.37 and for the current fiscal year, the estimate is $1.76. For the Next fiscal year, the estimate is $1.83 based on the consensus.

Apple Hospitality REIT, Inc. has received $0.37 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.37 while the top line estimate is $0.37 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 5.71%. Apple Hospitality REIT, Inc. results fell short with a surprise EPS of -3.92% or $-0.02. The Actual EPS was $0.49 compared to the Estimated EPS of $0.51 during its most recent quarterly earnings.

Apple Hospitality REIT, Inc. has a Price to Earnings ratio of 11.63 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.29. For the Most Recent Fiscal Year, Apple Hospitality REIT, Inc. has a price to cash ratio of 14.58. For the Trailing twelve month period, company showed a Net Profit Margin of 8.78% and Return on Equity of the stock is 2.98%.

Apple Hospitality REIT, Inc. last declared its Dividend on Feb 01, 2017.

Apple Hospitality REIT Inc Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.48. The company had revenue of $276.50 million for the quarter, compared to analysts expectations of $280.49 million. The companys revenue was up 14.9% compared to the same quarter last year.

Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Redd Hugh (director) purchased 7,000 shares at 17.91 per share price.On Nov 15, 2016, Glade M Knight (Executive Chairman) purchased 2,825 shares at 17.55 per share price.On Sep 9, 2016, Bryan Peery (CFO) purchased 2,289 shares at 18.25 per share price.

Apple Hospitality REIT, Inc. (NYSE:APLE) witnessed a decline in the market cap on Wednesday as its shares dropped 0.39% or 0.08 points. After the session commenced at $20.42, the stock reached the higher end at $20.51 while it hit a low of $20.3. With the volume soaring to 743,522 shares, the last trade was called at $20.38. The company has a 52-week high of $20.68. The company has a market cap of $4,552 million and there are 223,362,930 shares in outstanding. The 52-week low of the share price is $17.32.

Apple Hospitality REIT, Inc. is a real estate investment trust. Its portfolio consists of hotels, guest rooms and resorts. The company operates primarily in the United States. Apple Hospitality REIT, Inc. is headquarted in Richmond, VA.



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