Apollo Commerical Finance (ARI) Tops Q2 Earnings Estimates

Apollo Commerical Finance (ARI) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.94%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.35 per share when it actually produced earnings of $0.35, delivering no surprise.Over the last four quarte ...