Apple Hospitality REIT: Q3 Earnings Snapshot

RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — Apple Hospitality REIT Inc. (APLE) on Monday reported a key measure of profitability in its third quarter. The results matched Wall Street expectations.

The Richmond, Virginia-based real estate investment trust said it had funds from operations of $107.4 million, or 45 cents per share, in the period.

The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 45 cents per share…

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