Apollo Commercial Real Estate Finance Inc expected to post earnings of 38  cents a share - Earnings Preview

Apollo Commercial Real Estate Finance

29/07/2023 02:15

* Apollo Commercial Real Estate Finance Inc  ARI.N   ARI  is
expected to show a rise in quarterly revenue when it reports 
results on July 31. 
    * The New York City-based  company is expected to report  a
25.6% increase in revenue to $95.492 million from $76.02 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Apollo Commercial
Real
Estate Finance Inc is for earnings of 38 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 $10.5​, below​ its last closing price
of $11.89. ​​​

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 2023  0.43        0.41       0.48      Beat    15.9
 Dec. 31 2023  0.33        0.35       0.31      Missed  -10.4
 Sep. 30 2022  0.34        0.35       0.37      Beat    6.5​
 Jun. 30 2022  0.31        0.32       0.35      Beat    7.8
 ​​Mar.        0.32        0.33       0.35      Beat    6.5
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated July 29 at 01:15 GMT.  All
figures in US dollars  unless otherwise stated