Apollo Global Management (APO) Misses Q3 EPS by 26c

Apollo Global Management (NYSE: APO) reported Q3 EPS of $0.12, $0.26 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $241.1 million versus the consensus estimate of $394.6 million.

Apollo’s total AUM was $163.9 billion as of September 30, 2014, an increase of $51.2 billion, or 45%, compared to $112.7 billion as of September 30, 2013. Fee-generating AUM was $129.6 billion as of September 30, 2014, an increase of $50.3 billion, or 63%, compared to $79.3 billion as of September 30, 2013. The increase in total AUM and fee-generating AUM was driven by growth in Apollo’s credit and private equity segments.

For earnings history and earnings-related data on Apollo Global Management (APO) click here.

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