The earnings call reflects a mixed sentiment with strategic asset management and strong dividend yield as positive aspects. However, these are counterbalanced by declines in RevPAR, reduced guidance, and economic challenges, leading to a balanced outlook.
Company Guidance
During the Apple Hospitality REIT first quarter 2025 earnings call, the company provided several key metrics indicating a tempered outlook for the year. Comparable hotels RevPAR was reported at $111, a 0.5% decline from the previous year, with occupancy dropping by 1.5% to 71%, while ADR increased by 1% to $157. The company's adjusted EBITDAre was $95 million, down approximately 5% compared to the first quarter of 2024, and modified funds from operations stood at approximately $76 million, marking a 9% decrease. For the full year 2025, Apple Hospitality REIT adjusted its guidance, expecting a net income range of $167 million to $195 million, with comparable hotels RevPAR change projected between negative 1% and 1%. The adjusted EBITDAre is anticipated to be between $433 million and $457 million, reflecting a decrease from previous guidance due to the performance in the first quarter and anticipated trends in demand and expenses. Despite these challenges, the company highlighted the stability of its business, favorable supply-demand dynamics, and a strategy to enhance long-term shareholder value through strategic asset sales and share repurchases.
Dividend Distribution
During Q1 2025, Apple Hospitality REIT paid a total of $70 million in distributions, including a special cash distribution of $0.05 per share, with an annualized yield of approximately 8.2%.
Strategic Asset Management
Completed the sale of two hotels for $21 million, with additional transactions in progress, and repurchased $32 million of common shares, highlighting effective portfolio management.
Resilient Portfolio amidst Economic Uncertainty
Despite a slight pullback, the portfolio remains strong with limited supply growth in markets, suggesting a favorable risk profile and potential upside in economic recovery.
Apple Hospitality REIT (APLE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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 01, 2025
$11.64
$11.66
+0.17%
Feb 24, 2025
$14.25
$14.03
-1.54%
Nov 04, 2024
$14.10
$14.13
+0.21%
Aug 05, 2024
$13.15
$13.21
+0.46%
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 Aug 11, 2025, TBA Not Confirmed.
What is Apple Hospitality REIT (APLE) earnings time?
Apple Hospitality REIT (APLE) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.