Apple Hospitality REIT Sees FY23 Net Income $167M-$189M; Capital Expenditure $70M-$80M
Portfolio Pulse from Benzinga Newsdesk
Apple Hospitality REIT has projected its net income for FY23 to be between $167M and $189M. The company also expects its capital expenditure to be in the range of $70M to $80M.
November 07, 2023 | 10:34 pm
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Apple Hospitality REIT's projected net income for FY23 is between $167M and $189M, with capital expenditure expected to be $70M-$80M.
The news directly pertains to Apple Hospitality REIT's financial projections for FY23. While the projected net income and capital expenditure figures provide insight into the company's financial planning, they do not necessarily indicate a positive or negative impact on the stock price in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100