Apple Hospitality REIT, Inc. Q3 FY2024 Earnings Call

Apple Hospitality REIT, Inc. (APLE)

Earnings Call FY2024 Q3 Call date: 2024-11-05 Concluded

Quarter scorecard

Revenue

$378.84M

+5.7% YoY

Diluted EPS

$0.23

-11.5% YoY

Net income

$56.27M

-3.8% YoY

Occupancy $346.06M

+5.8%

Hotel Other $16.94M

-3.5%

Food And Beverage $15.84M

+16.7%

Buybacks (derived)

$19.18M

Shares repurchased

1.40M

Dividend / share

$0.08

ex Nov 29

from the 8-K filed Nov 4, 2024

Metric	Period	Guided	Basis
Capital improvements Initiated 2024	2024	$75M – $85M	—