Apple Hospitality REIT, Inc. Q3 FY2022 Earnings Call

Apple Hospitality REIT, Inc. (APLE)

Earnings Call FY2022 Q3 Call date: 2022-11-08 Concluded

Quarter scorecard

Revenue

$341.15M

+23.1% YoY

Diluted EPS

$0.26

+85.7% YoY

Net income

$59.15M

+86.2% YoY

Occupancy $315.94M

+21.3%

Hotel Other $13.34M

+27.9%

Food And Beverage $11.87M

+88%

Dividend / share

$0.08

ex Dec 1

from the 8-K filed Nov 7, 2022

Metric	Period	Guided	Basis
General and administrative expenses Initiated full year 2022	full year 2022	$38M – $42M	—
Interest expense Initiated full year 2022	full year 2022	$58M – $63M	—
Capital expenditures Maintained full year 2022	full year 2022	$55M – $65M	—