Apollo Commercial Real Estate Finance Inc expected to post earnings of 32  cents a share - Earnings Preview

Apollo Commercial Real Estate Finance

23/07/2022 01:41

* Apollo Commercial Real Estate Finance Inc  ARI.N   ARI  is
expected to show a fall in quarterly revenue when it reports 
results on July 26. 
    * The New York City-based  company is expected to report  a
13.3% decrease in revenue to $65.804 million from $75.86 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Apollo Commercial
Real
Estate Finance Inc is for earnings of 32 cents per share. For
the same quarter last year, the company reported earnings of 27
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 no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is $13​, above​ its last closing price
of $11.42. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.32        0.33       0.35      Beat    6.5
 Dec. 31 2022  0.32        0.32       0.32      Met     -1.4
 Sep. 30 2021  0.37        0.36       0.35      Missed  -2.7​
 Jun. 30 2021  0.37        0.36       0.27      Missed  -25.2
 ​​Mar.        0.34        0.34       0.39      Beat    14.8
 31 2021                                                
 Dec. 31 2020  0.34        0.32       0.36      Beat    12.9​
 Sep. 30 2020  0.28        0.29       0.36      Beat    24.2
 Jun. 30 2020  0.29        0.29       -0.07     Missed  -124.2
 This summary was machine generated July 23 at 00:41 GMT.  All
figures in US dollars  unless otherwise stated