Apple Hospitality REIT (APLE) Reports In-Line Q4 EPS

Apple Hospitality REIT Reports Results of Operations for Fourth Quarter and Full Year 2016

February 27, 2017 4:15 PM EST

RICHMOND, Va.--(BUSINESS WIRE)-- Apple Hospitality REIT, Inc. (NYSE: APLE) (the Company or Apple Hospitality) today announced results of operations for the fourth quarter and full year of 2016.

 

Selected Statistical and Financial Data

As of and For the Three Months and Years Ended December 31

(Unaudited) (in thousands, except statistical and per share amounts)(1)

   

Three Months EndedDecember 31,

  Years EndedDecember 31, 2016   2015   % Change 2016   2015   % Change   Net income (loss) $ 41,554 $ (17,792) n/a $ 144,652 $ 117,288 23.3% Net income (loss) per share $ 0.19 $ (0.10) n/a $ 0.76 $ 0.65 16.9%   Adjusted EBITDA... More