Apple Hospitality Sees FY23 Revenue $163M-$202M; Capital Expenditures $70M-$80M
Portfolio Pulse from Benzinga Newsdesk
Apple Hospitality has projected its FY23 revenue to be between $163M and $202M. The company also expects its capital expenditures to range from $70M to $80M.
August 04, 2023 | 2:31 pm
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Apple Hospitality's FY23 revenue forecast is between $163M and $202M, with capital expenditures expected to be $70M-$80M.
The news directly pertains to Apple Hospitality's financial forecast for FY23. While the projected revenue and capital expenditures provide insight into the company's financial planning, it does not necessarily indicate a positive or negative impact on the stock price in the short term without additional context such as comparison with previous forecasts or industry averages.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100