Earnings Summary

Apple Hospitality Reit, Inc.’s revenue jumped 5.8% since last year same period to $329.51Mn in the Q1 2024. On a quarterly growth basis, Apple Hospitality Reit, Inc. has generated 5.46% jump in its revenue since last 3-months.

Apple Hospitality Reit, Inc.’s net profit jumped 64.17% since last year same period to $54.05Mn in the Q1 2024. On a quarterly growth basis, Apple Hospitality Reit, Inc. has generated 160.29% jump in its net profits since last 3-months.

Apple Hospitality Reit, Inc.’s net profit margin jumped 55.17% since last year same period to 16.4% in the Q1 2024. On a quarterly growth basis, Apple Hospitality Reit, Inc. has generated 146.82% jump in its net profit margins since last 3-months.

Apple Hospitality Reit, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 17.66.

Apple Hospitality Reit, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.3 - a 114.29% jump from last quarter’s estimates.

Apple Hospitality Reit, Inc.’s earning per share (EPS) estimates for the current year stand at 0.3.

Apple Hospitality Reit, Inc.’s earning per share (EPS) jumped 57.14% since last year same period to 0.22 in the Q1 2024. This indicates that the Apple Hospitality Reit, Inc. has generated 57.14% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Apple Hospitality Reit, Inc.’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Apple Hospitality Reit, Inc.’s return on equity (ROE) stands at 0.06.

Apple Hospitality Reit, Inc. declared 0.24 dividend per share during the earnings announcement for Q1 2024.