Apple Hospitality REIT Q3 MFFO $0.42, Inline, Sales $373.878M Beat $372.857M Estimate

Apple Hospitality REIT (NYSE: APLE) reported quarterly earnings of $0.42 per share which met the analyst consensus estimate. This is a 6.67 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $373.878 million which beat the analyst consensus estimate of $372.857 million by 0.27 percent. This is a 1.31 percent decrease over sales of $378.843 million the same period last year.