Apple Hospitality REIT, Inc. (NYSE:APLE) management will conduct a conference call for 7th August 2020 at 10:00 AM Eastern Time to discuss financial results and companys performance for 2Q20.
The company released its quarterly earnings, after the market close on Thursday 6th August 2020
The conference call will also be available live on the website www.applehospitalityreit.com
Quarterly Results
Apple Hospitality REIT, Inc. announced loss for the second quarter of $ 0.11 per share, from the revenue of $ 81.08 million. The quarterly revenues fell 76.23 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.29 per share from $ 76.47 million in revenue. The bottom line results beat street analysts by $ 0.18 or 62.07 percent, at the same time, top line results outshined analysts by $ 4.61 million or 6.03 percent.
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitalitys portfolio consists of 234 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states.
