Apollo Commercial Real Estate Finance (ARI) Tops Q2 EPS by 2c

Apollo Commercial Real Estate Finance (NYSE: ARI) reported Q2 EPS of $0.35, $0.02 better than the analyst estimate of $0.33.

Stuart Rothstein, CEO and President of the Company said: “The rapidly evolving economic climate had a significant effect on the real estate capital markets during the second quarter. Despite the environment, ARI’s results demonstrated we continued to effectively deploy capital and earn our common stock dividend. I am encouraged that our resilient and diversified loan portfolio can generate solid returns in uncertain markets.”

For earnings history and earnings-related data on Apollo Commercial Real Estate Finance (ARI) click here.

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