Apple Hospitality REIT Q4 FFO $0.31 Beats $0.29 Estimate, Sales $326.436M Beat $322.249M Estimate

Apple Hospitality REIT (NYSE:APLE) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.29 by 5.08 percent. This is a 3.13 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $326.436 million which beat the analyst consensus estimate of $322.249 million by 1.30 percent. This is a 1.98 percent decrease over sales of $333.036 million the same period last year.