Arbor Realty Trust Inc expected to post earnings of 41 cents a share - Earnings Preview

Arbor Realty Trust

01/05/2024 14:52

* Arbor Realty Trust Inc  ABR.N   ABR  is expected to show a
fall
in quarterly revenue when it reports  results on May 3 for the
period ending March 31 2024
    * The Uniondale New York-based  company is expected to
report a
17.2% decrease in revenue to $89.949 million from $108.57
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Arbor Realty Trust Inc
is for
earnings of 41 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Arbor
Realty
Trust Inc is $13.25​, above​ its last closing price of $12.83.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.44        0.44       0.51      Beat    16.2
 Sep. 30 2023  0.45        0.45       0.55      Beat    21.3
 Jun. 30 2023  0.45        0.44       0.57      Beat    28.6​
 Mar. 31 2023  0.38        0.40       0.62      Beat    55
 ​​Dec.        0.29        0.35       0.45      Beat    28.6
 31 2022                                                
 Sep. 30 2022  0.37        0.36       0.36      Met     -1.1​
 Jan. 1 0001   0.35        0.35       0.41      Beat    16.5
 Jan. 1 0001   0.54        0.48       0.40      Missed  -15.8
 This summary was machine generated May 1 at 13:52 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)