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

Apollo Commercial Real Estate Finance

08/02/2023 23:20

* Apollo Commercial Real Estate Finance Inc  ARI.N  reported
quarterly adjusted earnings of 31 cents​​ per share for the
quarter ended in December. The mean expectation of
seven analysts for the quarter was for earnings of 35 cents per
share.
    * Revenue rose 23% to $87.14 million from a year ago;
analysts
expected $77.23 million. 
    * Apollo Commercial Real Estate Finance Inc's reported EPS
for the
quarter was a loss of 4 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Apollo Commercial Real Estate Finance Inc shares had risen
by 14.4% this quarter.
    * The company reported a quarterly loss of $7.06 million.
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is $12.00 
    * 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." 

This summary was machine generated from Refinitiv data February
8 at 11:20 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.35           0.31           Missed
 Sep. 30 2022      0.35           0.37           Beat
 Jun. 30 2022      0.32           0.35           Beat
 Mar. 31 2022      0.33           0.35           Beat