Apollo Global Management LLC (APO) Misses Q2 EPS by 13c

Apollo Global Management LLC (NYSE: APO) reported Q2 EPS of $0.52, $0.13 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $572.15 million versus the consensus estimate of $624.75 million.

Apollo’s total AUM was $167.5 billion as of June 30, 2014, an increase of $54.4 billion, or 48%, compared to $113.1 billion as of June 30, 2013. Fee-generating AUM was $130.3 billion as of June 30, 2014, an increase of $51.0 billion, or 64%, compared to $79.3 billion as of June 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 LLC (APO) click here.

You May Also Be Interested In

• Nvidia pitches Vera CPU to Chinese clients with August delivery target
• Carvana (CVNA) PT Lowered to $85 at RBC Capital
• Sharon AI surges premarket; New Oriental gains, Medline slips