Apple Hospitality REIT, Inc. Q2 FY2023 Earnings Call

Apple Hospitality REIT, Inc. (APLE)

Earnings Call FY2023 Q2 Call date: 2023-08-04 Concluded

Quarter scorecard

Revenue

$361.63M

+7.1% YoY

Diluted EPS

$0.29

+0% YoY

Net income

$65.29M

-0.1% YoY

Occupancy $331.04M

+6%

Food And Beverage $15.51M

+29%

Hotel Other $15.08M

+13.6%

Dividend / share

$0.08

ex Aug 30

from the 8-K filed Aug 3, 2023

Metric	Period	Guided	Basis
Net income table Lowered full year 2023	full year 2023	$163M – $202M	—
Comparable Hotels RevPAR Change table Raised full year 2023	full year 2023	4% – 8%	—