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

Apollo Commercial Real Estate Finance

24/10/2022 22:53

* Apollo Commercial Real Estate Finance Inc  ARI.N  reported
quarterly adjusted earnings of 37 cents​​ per share for the
quarter ended in September. The mean expectation of six analysts
for the quarter was for earnings of 35 cents per share.
    * Revenue rose 14.5% to $76.30 million from a year ago;
analysts
expected $70.07 million. 
    * Apollo Commercial Real Estate Finance Inc's reported EPS
for the
quarter was $1.13​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Apollo Commercial Real Estate Finance Inc shares had risen
by 14.5% this quarter and lost 27.8% so far this year.
    * The company reported quarterly net income of $179.96
million.
    * Wall Street's median 12-month price target for Apollo
Commercial
Real Estate Finance Inc is $11.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
24 at 09:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.32           0.32           Met