Apple Hospitality REIT (APLE) reported Q4 modified funds from operations late Monday of $0.32 per diluted share, up from $0.31 a year earlier.
Analysts polled by FactSet expected core FFO of $0.31, if comparable.
Revenue for the quarter that ended Dec. 31 rose to $333 million from $312.5 million a year earlier.
Analysts surveyed by FactSet expected $330.1 million.