Apollo Commercial Real Estate Finance posts Q2 net income of $0.11 per share, hit by realized investment losses

Apollo Commercial Real Estate Finance

10/08/2026 22:13

Overview
US commercial real estate lender's Q2 net income per diluted share was $0.11
Q2 Distributable Earnings per diluted share were negative
Company recorded net realized losses on investments and debt extinguishment during the quarter

Outlook
Company did not provide specific guidance for the current qtr or full yr

Result Drivers
REALIZED LOSSES - Co said Q2 results were impacted by net realized losses on investments and extinguishment of debt, mainly from the sale of its commercial real estate loan portfolio and a discounted loan repayment

Company press release: ID:nGNX78fGJj

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$0.11
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialized reits peer group is "buy"
Wall Street's median 12-month price target for Apollo Commercial Real Estate Finance Inc is $9.88, about 48.5% above its August 10 closing price of $6.65
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 28 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)