Benzinga | Aug 6, 2020 05:38PM EDT

Apple Hospitality REIT Q2 EPS $(0.35) Misses $(0.29) Estimate, Sales $81.08M Beat $76.47M Estimate

Apple Hospitality REIT (NYSE:APLE) reported quarterly losses of $(0.35) per share which missed the analyst consensus estimate of $(0.29) by 20.69 percent. This is a 171.43 percent decrease over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $81.08 million which beat the analyst consensus estimate of $76.47 million by 6.03 percent. This is a 76.23 percent decrease over sales of $341.12 million the same period last year.