Equity Profile

APLE

Apple Hospitality REIT, Inc.

Real EstateHotel & Resort REITs$3.5B

Aug3Mon

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Apple Hospitality REIT, Inc. is a real estate investment trust (REIT) that focuses on owning and managing hotels in the U.S....

Key Metrics to Watch

Occupancy Rate

This metric indicates how well the hotels are filling rooms, which directly impacts revenue.

75%

Average Daily Rate (ADR)

ADR reflects the average rental income per paid occupied room, crucial for assessing pricing power.

$150

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

APLE Q2-2026 Earnings Preview

Context

Company Snapshot

Apple Hospitality REIT, Inc. is a real estate investment trust (REIT) that focuses on owning and managing hotels in the U.S. With a market cap of $3 billion, it plays a significant role in the hotel and resort sector, which is influenced by trends in travel and consumer spending.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-34.78%

Avg Stock Reaction

-0.83%

Last Quarter Recap

In Q1-2026, Apple Hospitality reported an EPS of $0.12, significantly missing estimates of $0.32. The stock reacted negatively, dropping 1.72% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautious ahead of the upcoming earnings report, given the company's recent performance and missed estimates in previous quarters.

Bull Case

If occupancy rates and ADR improve, it could signal a strong rebound in travel demand, leading to better-than-expected earnings.

Bear Case

Continued low occupancy and pricing pressures could result in another disappointing earnings report, further eroding investor confidence.

Key Metrics to Watch

Occupancy Rate

75%

This metric indicates how well the hotels are filling rooms, which directly impacts revenue.

Average Daily Rate (ADR)

$150

ADR reflects the average rental income per paid occupied room, crucial for assessing pricing power.

Revenue per Available Room (RevPAR)

$112.50

RevPAR combines occupancy and ADR to provide a comprehensive view of hotel performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the occupancy rate be for Q2-2026?

A higher occupancy rate could indicate a recovery in travel demand, which is critical for revenue growth.

How has the average daily rate (ADR) changed compared to last quarter?

Changes in ADR will provide insight into pricing power and overall market conditions affecting profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for a rebound in travel demand, especially in leisure markets, which could lead to better-than-expected occupancy rates.

Supporting Evidence

Recent trends in travel bookings indicate a surge in leisure travel, which could benefit hotel occupancy.

Options pricing suggests a significant move is expected, indicating that investors are bracing for volatility.

The company's historical performance shows that recovery can happen quickly in favorable market conditions.

Key Risk

If occupancy rates exceed 80%, it could challenge the current bearish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on the recovery of travel demand and pricing strategies in a competitive market.

Bull Confirmed If

Occupancy rate above 80% would confirm a strong recovery in travel demand.

Bear Confirmed If

Occupancy rate below 70% would suggest ongoing challenges in the hotel sector.

Pre-Earnings Positioning

Options Market

Implied Move

±11.57%

Historical Avg

±1.4%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, indicating heightened uncertainty around the earnings report.

Options are pricing ±11.6% while APLE has averaged ±1.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

26.1%

Calls (38K)P/C Ratio: 0.59Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Apple Hospitality beats expectations, history suggests the stock could rise by around 1.41%, confirming a positive trend in the hotel sector.

In-Line / Cautious

An in-line report may lead to a muted reaction, as investors await clearer signals of recovery.

Miss

If the company misses expectations again, history suggests a potential decline of around 0.76%, further impacting investor sentiment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on travel demand trends and how they are impacting occupancy rates.
2Management's commentary on pricing strategies and average daily rates.
3Insights into operational efficiencies and cost management initiatives.
4Any changes in guidance for the upcoming quarters based on current market conditions.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Apple Hospitality REIT, Inc. is a real estate investment trust (REIT) that focuses on owning and managing hotels in the U.S....

Key Metrics to Watch

Occupancy Rate

This metric indicates how well the hotels are filling rooms, which directly impacts revenue.

75%

Average Daily Rate (ADR)

ADR reflects the average rental income per paid occupied room, crucial for assessing pricing power.

$150

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

APLE Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-34.78%

Avg Stock Reaction

-0.83%

Last Quarter Recap

In Q1-2026, Apple Hospitality reported an EPS of $0.12, significantly missing estimates of $0.32. The stock reacted negatively, dropping 1.72% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautious ahead of the upcoming earnings report, given the company's recent performance and missed estimates in previous quarters.

Bull Case

If occupancy rates and ADR improve, it could signal a strong rebound in travel demand, leading to better-than-expected earnings.

Bear Case

Continued low occupancy and pricing pressures could result in another disappointing earnings report, further eroding investor confidence.

Key Metrics to Watch

Occupancy Rate

75%

This metric indicates how well the hotels are filling rooms, which directly impacts revenue.

Average Daily Rate (ADR)

$150

ADR reflects the average rental income per paid occupied room, crucial for assessing pricing power.

Revenue per Available Room (RevPAR)

$112.50

RevPAR combines occupancy and ADR to provide a comprehensive view of hotel performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the occupancy rate be for Q2-2026?

A higher occupancy rate could indicate a recovery in travel demand, which is critical for revenue growth.

How has the average daily rate (ADR) changed compared to last quarter?

Changes in ADR will provide insight into pricing power and overall market conditions affecting profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for a rebound in travel demand, especially in leisure markets, which could lead to better-than-expected occupancy rates.

Supporting Evidence

Recent trends in travel bookings indicate a surge in leisure travel, which could benefit hotel occupancy.

Options pricing suggests a significant move is expected, indicating that investors are bracing for volatility.

The company's historical performance shows that recovery can happen quickly in favorable market conditions.

Key Risk

If occupancy rates exceed 80%, it could challenge the current bearish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on the recovery of travel demand and pricing strategies in a competitive market.

Bull Confirmed If

Occupancy rate above 80% would confirm a strong recovery in travel demand.

Bear Confirmed If

Occupancy rate below 70% would suggest ongoing challenges in the hotel sector.

Pre-Earnings Positioning

Options Market

Implied Move

±11.57%

Historical Avg

±1.4%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, indicating heightened uncertainty around the earnings report.

Options are pricing ±11.6% while APLE has averaged ±1.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.2%

30d HV

26.1%

Calls (38K)P/C Ratio: 0.59Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Apple Hospitality beats expectations, history suggests the stock could rise by around 1.41%, confirming a positive trend in the hotel sector.

In-Line / Cautious

An in-line report may lead to a muted reaction, as investors await clearer signals of recovery.

Miss

If the company misses expectations again, history suggests a potential decline of around 0.76%, further impacting investor sentiment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on travel demand trends and how they are impacting occupancy rates.
2Management's commentary on pricing strategies and average daily rates.
3Insights into operational efficiencies and cost management initiatives.
4Any changes in guidance for the upcoming quarters based on current market conditions.