Apple Hospitality REIT (APLE) Q3 FFO Match Estimates
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Apple Hospitality REIT (APLE) reported Q3 funds from operations (FFO) of $0.45 per share, matching the Zacks Consensus Estimate and remaining consistent with the previous year's FFO.
November 05, 2024 | 12:30 pm
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NEUTRAL IMPACT
Apple Hospitality REIT's Q3 FFO of $0.45 per share met expectations and was consistent with last year's performance, indicating stable financial health.
The FFO meeting estimates suggests that the company's financial performance is stable, which is neutral for the stock price as there are no surprises. The consistency with last year's FFO further supports this stability.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100