NYSE:APLEHotel and Resort REITs
Is Strong Q2, Higher 2026 Guidance and Heavy Buybacks Altering The Investment Case For Apple Hospitality REIT (APLE)?
Apple Hospitality REIT, Inc. recently reported its second-quarter 2026 results, with sales of US$365.17 million, revenue of US$402.55 million and net income of US$67.08 million, all higher than the same period a year earlier, and modestly improved earnings per share from continuing operations.
Alongside these results, the company raised its full-year 2026 net income guidance by US$10 million at the midpoint and outlined US$85 million to US$95 million of capital investments focused on...