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ARI — Apollo Commercial Real Estate Finance News Story

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Apollo Commercial Real Estate Finance Inc reports results for the quarter ended December 31 - Earnings Summary

* Apollo Commercial Real Estate Finance Inc  ARI.N  reported
quarterly adjusted earnings of 32 cents​​ per share for the
quarter ended December 31, lower than the same quarter last
year, when the company reported EPS of 36 cents.  The mean
expectation of seven analysts for the quarter was for earnings
of 23 cents per share. Wall Street expected results to range
from 11 cents to 30 cents per share.
    * Revenue fell 25% to $43.50 million from a year ago;
analysts
expected $47.07 million. 
    * Apollo Commercial Real Estate Finance Inc's reported EPS
for the
quarter was 27 cents​.
    * The company reported quarterly net income of $39.96
million.
    * Apollo Commercial Real Estate Finance Inc shares had risen
by 5.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Apollo Commercial
Real Estate Finance Inc is $8.88 
This summary was machine generated from LSEG data February 10 at
11:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.23           0.32           Beat
 Sep. 30 2024      0.26           0.31           Beat
 Jun. 30 2024      0.31           0.35           Beat
 Mar. 31 2024      0.30           0.35           Beat

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