Apple Hospitality REIT Inc (APLE)
NYSE:APLE
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.26Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrayed a strong operational quarter with broad-based RevPAR growth, revenue and EBITDA expansion, margin resilience on a same-store basis, improved April momentum, a raised RevPAR guidance midpoint, disciplined capital allocation, and a healthy liquidity position. Challenges were largely related to difficult year-ago comparisons (wildfire and inauguration effects), modest ADR growth earlier in the quarter, transition expenses from converting 13 Marriott-managed hotels, and a cautious transaction market. Overall, positives (outperformance, guidance raise, margin/cash-flow durability, and balance sheet flexibility) materially outweigh the limited challenges and conservatively framed risks.Company Guidance
Comparable RevPAR and Same-Store Strength
Comparable hotels RevPAR $115, up 2.2% YoY; same-store RevPAR grew 2.8% (Justin: comparable RevPAR growth >2%, same-store nearly 3%). Preliminary April comparable RevPAR +4%.
Top-Line Revenue Growth
Comparable hotels total revenue rose 4.3% to $337 million; same-store total revenue up 3.1%; other (non-room) revenues up 10%.
Margin and EBITDA Improvement
Comparable hotels adjusted hotel EBITDA $108 million, up 3.6%; adjusted hotel EBITDA margin 32.2% (down 20 bps on comparable hotels but same-store adjusted hotel EBITDA grew 4.2% with a 30 bps margin expansion). Adjusted EBITDAre ≈ $101 million, up 2.2%.
MFFO and Per Share Growth
Modified FFO approximately $80 million (≈ $0.34 per share); MFFO dollar amount up ~1.9% and MFFO per share up ~3%.
Guidance Raised and Conservatively Positioned
Full-year RevPAR guidance midpoint raised +100 bps to 1%; full-year targets: net income $143M–$169M, comparable RevPAR change 0%–2%, adjusted EBITDAre $436M–$458M, adjusted hotel EBITDA margin 32.9%–33.9%.
Strong Liquidity and Balance Sheet Metrics
Total debt ~$1.6B (~3.4x trailing EBITDA) with weighted avg interest rate 4.6% and maturity ~3 years; ~63% of debt fixed/hedged; $8M cash and $559M revolver availability; 207 unencumbered hotels.
Capital Allocation and Shareholder Returns
Q1 distributions of ~$57M ($0.24/sh); annualized regular distribution $0.96/sh implying ~7.2% yield (based on recent close). Q1 CapEx ~$27.5M; full-year reinvestment plan $80M–$90M including 21 major renovations.
Operational Efficiency and Cost Control
Same-store variable hotel expense per occupied room +0.3% YoY; total payroll per occupied room $43 (+1%); contract labor under 7% of wages (down 80 bps); non-payroll variable expenses declined 10 bps; fixed expenses down 1.5% due to favorable insurance and tax appeals.
Portfolio Quality and Selective Growth
Portfolio of 216 hotels (~30,000 rooms) across 83 markets; 57% of hotels have no new upper upscale/upper mid-scale product under construction within 5 miles; forward development commitments limited to two projects (AC Anchorage — delivery late 2027; AC/Residence Inn Las Vegas — expected Q2 2028).
Notable Asset Performance and Awards
AC Hotel Washington, D.C. produced 2025 RevPAR of $205 with a 43% house profit margin; Motto Nashville received Hilton's New Build of the Year and is ramping with recent average RevPAR near $200; Embassy Suites Madison improved in its first full year.
APLE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
APLE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $13.09 | $13.54 | +3.42% |
Feb 27, 2026 | $12.04 | $12.08 | +0.33% |
Sep 30, 2025 | $11.40 | $11.46 | +0.50% |
Aug 06, 2025 | $10.85 | $11.02 | +1.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Apple Hospitality REIT Inc (APLE) report earnings?
Apple Hospitality REIT Inc (APLE) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Apple Hospitality REIT Inc (APLE) earnings time?
Apple Hospitality REIT Inc (APLE) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is APLE EPS forecast?
APLE EPS forecast for the fiscal quarter 2026 (Q2) is 0.26.