Apollo Commercial Real Estate Finance Inc expected to post earnings of 34 cents a share - Earnings Preview

Apollo Commercial Real Estate Finance

02/02/2024 21:38

* Apollo Commercial Real Estate Finance Inc  ARI.N   ARI  is
expected to show a fall in quarterly revenue when it reports 
results on February 6 for the period ending December 31 2023
    * The New York City-based  company is expected to report a
25.0% decrease in revenue to $65.333 million from $87.14 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL is on Net interest income basis)
    * ​LSEG's mean analyst estimate for Apollo Commercial Real
Estate
Finance Inc is for earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and no "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 $10.50​, below​ its last closing
price of $11.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.34        0.35       0.37      Beat    5.7
 Jun. 30 2023  0.39        0.38       -0.11     Missed  -128.8
 Mar. 31 2023  0.43        0.41       0.48      Beat    15.9​
 Dec. 31 2022  0.33        0.35       0.31      Missed  -10.4
 ​​Sep.        0.34        0.35       0.37      Beat    6.5
 30 2022                                                
 Jun. 30 2022  0.31        0.32       0.35      Beat    7.8​
 Mar. 31 2022  0.32        0.33       0.35      Beat    6.5
 Dec. 31 2021  0.32        0.32       0.32      Met     -1.4
 This summary was machine generated February 2 at 21:38 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)