Apollo Commercial Real Estate Finance Inc expected to post earnings of 26 cents a share - Earnings Preview

Apollo Commercial Real Estate Finance

29/10/2024 02:50

* Apollo Commercial Real Estate Finance Inc  ARI.N   ARI  is
expected to show a fall in quarterly revenue when it reports 
results on October 30 for the period ending September 30 2024
    * The New York City-based  company is expected to report a
17.1% decrease in revenue to $49.933 million from $60.22 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Apollo Commercial Real
Estate
Finance Inc is for earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is 9.00​, above​ its last closing price
of $8.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.27        0.31       0.35      Beat    14.8
 Mar. 31 0001  0.31        0.30       0.35      Beat    15.1
 Dec. 31 2023  0.34        0.34       0.36      Beat    6.3​
 Sep. 30 2023  0.34        0.35       0.37      Beat    5.7
 ​​Jun.        0.39        0.38       -0.11     Missed  -128.8
 30 2023                                                
 Mar. 31 2023  0.43        0.41       0.48      Beat    15.9​
 Jan. 1 0001   0.33        0.35       0.31      Missed  -10.4
 Jan. 1 0001   0.34        0.35       0.37      Beat    6.5
 This summary was machine generated October 29 at 02:50 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)