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

Apollo Commercial Real Estate Finance

01/08/2023 24:27

* Apollo Commercial Real Estate Finance Inc  ARI.N  reported
a
quarterly adjusted loss of 11 cents​​ per share for the quarter
ended in June. The mean expectation of seven analysts for the
quarter was for earnings of 38 cents per share.
    * Revenue rose 21.2% to $92.16 million from a year ago;
analysts
expected $95.49 million. 
    * Apollo Commercial Real Estate Finance Inc's reported EPS
for the
quarter was a loss of 62 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
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 5.0% this quarter and gained 10.5% so far this year.
    * The company reported a quarterly loss of $86.47 million.
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is $10.50 
    * 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 LSEG Refinitiv data July
31 at 11:27 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.38           -0.11          Missed
 Mar. 31 2023      0.41           0.48           Beat
 Dec. 31 2022      0.35           0.31           Missed
 Sep. 30 2022      0.35           0.37           Beat