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

Apollo Commercial Real Estate Finance

26/04/2023 23:44

* Apollo Commercial Real Estate Finance Inc  ARI.N  reported
quarterly adjusted earnings of 48 cents​​ per share for the
quarter ended in March. The mean expectation of six analysts for
the quarter was for earnings of 41 cents per share.
    * Revenue rose 35.7% to $87.12 million from a year ago;
analysts
expected $96.60 million. 
    * Apollo Commercial Real Estate Finance Inc's reported EPS
for the
quarter was 32 cents​.
    * The mean earnings estimate of analysts had risen by
about 16.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Apollo Commercial Real Estate Finance Inc shares
had fallen
by 0.8% this quarter and lost 14.1% so far this year.
    * The company reported quarterly net income of $45.85
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 LSEG Refinitiv data
April 26 at 10:44 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.32           0.35           Beat