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

Arbor Realty Trust

31/07/2024 17:07

* Arbor Realty Trust Inc  ABR.N   ABR  is expected to show a
fall
in quarterly revenue when it reports  results on August 2 for
the period ending June 30 2024
    * The Uniondale New York-based  company is expected to
report a
17.1% decrease in revenue to $89.982 million from $108.54
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (SAL represents Net Intereset
Income basis.)
    * ​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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Arbor
Realty
Trust Inc is $14.00​, above​ its last closing price of $13.59.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.42        0.41       0.47      Beat    14.7
 Dec. 31 0001  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.        0.38        0.40       0.62      Beat    55
 31 2023                                                
 Dec. 31 2022  0.29        0.35                         28.6​
 Sep. 30 2022  0.37        0.36                         -1.1
 Jun. 30 2022  0.35        0.35       0.41      Beat    16.5
 This summary was machine generated July 31 at 16:07 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)