Apollo Commerical Finance (ARI) Tops Q2 Earnings Estimates
ARIApollo Commercial Real Estate Finance(ARI) ZACKS·2024-08-07 08:25

Apollo Commerical Finance (ARI) came out with quarterly earnings of 0.35pershare,beatingtheZacksConsensusEstimateof0.35 per share, beating the Zacks Consensus Estimate of 0.34 per share. This compares to loss of 0.11pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof2.940.11 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 ...