Apollo Commercial Real Estate Finance (ARI) Reports Q2 EPS of $0.51

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Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2016 Financial Results

July 26, 2016 4:20 PM EDT

NEW YORK--(BUSINESS WIRE)-- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported financial results for the three and six month periods ended June 30, 2016.

Second Quarter 2016 Highlights

Reported net income available to common stockholders for the three months ended June 30, 2016 of $4.5 million, or $0.06 per diluted share of common stock, as compared to net income available to common stockholders of $22.8 million, or $0.39 per diluted share of common stock, for the three months ended June 30, 2015; Reported Operating Earnings (a non-GAAP... More