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Apple Hospitality REIT (APLE)
NYSE:APLE
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call portrayed a balanced view: operationally the company demonstrated strong margin performance, disciplined capital allocation (asset sales, buybacks, selective redeployment), expense control, and portfolio resilience. However, revenue and cash-flow metrics were pressured by RevPAR declines, an ~8.6% YoY drop in adjusted hotel EBITDA, a material pullback in government travel, fixed cost growth, and some market-specific softness. Management provided conservative 2026 guidance while retaining flexibility via a solid revolving facility and recent term loan, leading to cautious optimism but measured near-term expectations.Company Guidance
Strong Adjusted EBITDA and Industry-Leading Margins
Comparable hotels adjusted hotel EBITDA of $99M in Q4 and $474M for FY2025; comparable hotels adjusted EBITDA margin of 31.1% for the quarter and 34.3% for the year, demonstrating operational profitability despite top-line pressures.
Disciplined Capital Allocation — Share Repurchases and Dispositions
Sold seven hotels for approximately $73M and repurchased ~4.6M common shares for ~$58M in 2025; repurchases were at an attractive spread (≈2.4 turn spread to dispositions and ≈6.5x EBITDA multiple spread after CapEx adjustments), reflecting opportunistic capital deployment to drive shareholder value.
Accretive Reinvestment and Select Acquisitions
Redeployed proceeds via 1031 exchanges into acquisitions including Homewood Suites Tampa Brandon and Motto by Hilton Nashville Downtown; several recent acquisitions (4 of 6 purchased in 2023) achieved yields >10% during the year and new builds (AC Anchorage) are progressing.
Portfolio Resilience and Diversification
Broadly diversified portfolio across 84 markets, with 59% of hotels having no new upper-mid/upscale/upper-upscale supply within a five-mile radius, and 207 unencumbered hotels — supporting downside protection and potential upside as demand recovers.
Effective Expense Control and Operational Execution
Comparable hotels total hotel expenses increased only 1% in Q4 and 1.9% for the year; variable hotel expenses rose only 0.5% in Q4 and payroll per occupied room increased modestly (to $43 in Q4, up 3.5% YoY). Managers reduced contract labor to 7% of same store wages (down 120 bps).
Solid Balance Sheet Flexibility and Liquidity Availability
Total outstanding debt of ~$1.5B (~3.4x TTM EBITDA) with weighted avg interest rate 4.7% and avg maturities ~3 years; cash on hand $9M and revolver availability ~$587M; executed a new $385M term loan to stagger maturities.
Maintained Shareholder Distributions and Attractive Yield
Paid distributions of ~$57M in Q4 ($0.24/share) and ~$240M for FY2025 ($1.01/share). Regular monthly cash distribution annualized at $0.96/share, representing ~7.8% yield based on recent close.
Measured, Conservative 2026 Guidance
Provided guidance for 2026: net income $133M–$160M; comparable hotels RevPAR change between -1% and +1% (flat at midpoint); comparable hotel EBITDA margin 32.4%–33.4%; adjusted EBITDAre $424M–$447M — reflecting cautious, measurable planning.
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 |
|---|---|---|---|
Feb 23, 2026 | $12.21 | $12.15 | -0.49% |
Sep 30, 2025 | $11.69 | $11.74 | +0.50% |
Aug 06, 2025 | $11.12 | $11.30 | +1.56% |
May 01, 2025 | $11.03 | $11.05 | +0.17% |
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 (APLE) report earnings?
Apple Hospitality REIT (APLE) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is Apple Hospitality REIT (APLE) earnings time?
Apple Hospitality REIT (APLE) earnings time is at Apr 30, 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 (Q1) is 0.11.