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

Apollo Commercial Real Estate Finance

26/04/2022 08:13

* Apollo Commercial Real Estate Finance Inc  ARI.N  reported
quarterly adjusted earnings of 35 cents​​ per share for the
quarter ended in March. The mean expectation of six analysts for
the quarter was for earnings of 33 cents per share.
    * Revenue fell 9.8% to $64.18 million from a year ago; 
analysts
expected $66.36 million. 
    * Apollo Commercial Real Estate Finance Inc's reported EPS
for the
quarter was 8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Apollo Commercial Real Estate Finance Inc shares
had fallen
by 4.7% this quarter and gained 0.9% so far this year.
    * The company reported quarterly net income of $12.17
million.
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is $15.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 26 at 07:13 a.m.  ​All
figures in US dollars unless otherwise stated