Apollo Commercial Real Estate Finance (ARI) Reports In-Line Q2 EPS

Apollo Commercial Real Estate Finance (NYSE: ARI) reported Q2 EPS of $0.46, in-line with the analyst estimate of $0.46.

“ARI has committed to over $800 million of commercial real estate debt investments year to date,” said Stuart Rothstein, Chief Executive Officer and President of ARI. “In recognition of the Company’s strong investment pipeline, coupled with favorable market conditions, ARI completed an accretive offering of shares of common stock during the quarter, raising net proceeds of approximately $249 million. We remain very confident in our ability to identify and deploy capital into commercial real estate debt investments with attractive, risk-adjusted returns.”

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

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