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Stock impact report

Apple Hospitality REIT Inc (APLE) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]

Apple Hospitality REIT, Inc. Common Shares (APLE) 
Last apple hospitality reit, inc. common shares earnings: 2/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.applehospitalityreit.com
Company Research Source: Yahoo! Finance
RevPAR Growth: 3% for Q4 and more than 1% for the full year 2024 compared to 2023. Adjusted EBITDAre: Approximately $97 million for Q4 and $467 million for the full year 2024, both up approximately 7% compared to 2023. Modified Funds From Operations (MFFO): Approximately $77 million for Q4 and $389 million for the full year 2024, both up approximately 6% compared to 2023. Dividend Payout: $0.24 per common share for Q4, totaling approximately $244 million or $1.01 per common share for the full year 2024. Hotel Acquisitions and Sales: Acquired two hotels for $196 million and sold six hotels for more than $63 million in 2024. Capital Expenditures: $78 million invested in 2024, with an expectation of $80 million to $90 million in 2025. Debt and Cash Position: Approximately $1.5 billion of total debt outstanding with a weighted average interest rate of 4.7% and cash on hand of approximately $10 million as of December 31, 2024. 2025 Financial Outlook: Net income expected betw Show less Read more
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