Apollo Comml Real Est Q3 Adj. EPS $0.30 Beats $0.21 Estimate, Sales $40.035M Miss $47.733M Estimate

+1.85% Pre

Apollo Commercial Real Estate Finance, Inc.

ARI

9.93

+1.85%

0.00% Pre

Apollo Comml Real Est (NYSE: ARI) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.21 by 40.19 percent. This is a 3.23 percent decrease over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $40.035 million which missed the analyst consensus estimate of $47.733 million by 16.13 percent. This is a 14.90 percent decrease over sales of $47.043 million the same period last year.

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