05:39 PM EDT, 05/06/2024 (MT Newswires) -- Apple Hospitality REIT ( APLE ) reported Q1 modified funds from operations Monday of $0.34 per diluted share, same as a year earlier.

Analysts polled by Capital IQ expected FFO of $0.34.

Revenue for the quarter that ended March 31 was $329.5 million, up from $311.5 million a year earlier.

Analysts surveyed by Capital IQ expected $327.4 million.

Shares of the company traded 1.4% higher in after-hours activity.

Price: 15.00, Change: +0.20, Percent Change: +1.35