Apple Hospitality: Strong Q1 Performance Enhancing The Bull Story [Seeking Alpha]
Apple Hospitality REIT, Inc. Common Shares (APLE)
Last apple hospitality reit, inc. common shares earnings: 2/24 04:15 pm
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US:NYSE Investor Relations:
ir.applehospitalityreit.com
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Source: Seeking Alpha
Despite the subpar performance, APLE has registered an improved cash generation, while maintaining single digit P/FFO multiple and a fortress balance sheet. Despite challenging year-over-year comparisons, Apple Hospitality delivered solid financial results in Q1 2024, driven by inorganic growth and strong demand for its properties. I outline the key dynamics of Q1'24 and comment on why I still consider APLE an attractive investment case. Back in June 2023, I wrote my first bullish piece on Apple Hospitality REIT, Inc. ( NYSE: APLE which since then has not played out how I projected at first. In the chart below we can see how APLE has Recommended For You
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APLE
News
- Apple Hospitality REIT, Inc. (NYSE:APLE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Apple Hospitality REIT, Inc. (NYSE: APLE) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Apple Hospitality REIT Reports Results of Operations for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Apple Hospitality REIT Reports Results of Operations for First Quarter 2024Business Wire
- How To Earn 8%+ In Retirement Income Each And Every Month [Forbes]Forbes
APLE
Earnings
- 5/6/24 - Miss
APLE
Sec Filings
- 5/8/24 - Form 8-K
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- APLE's page on the SEC website