Apple Hospitality REIT (APLE) Tops Q1 FFO by 1c
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Apple Hospitality REIT Reports Results of Operations for First Quarter 2019
May 8, 2019 4:15 PM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Apple Hospitality REIT, Inc. (NYSE: APLE) (the Company or Apple Hospitality) today announced results of operations for the first quarter ended March 31, 2019.
Selected Statistical and Financial Data As of and For the Three Months Ended March 31(Unaudited) (in thousands, except statistical and per share amounts)(1)
Three Months Ended March 31, 2019 2018 % Change Net income(2) $ 38,151 $ 42,182 (9.6%) Net income per share(2) $ 0.17 $ 0.18 (5.6%) Adjusted EBITDAre(2) $ 100,667 $ 100,214... More