Apollo Commercial Real Estate Finance (ARI) Tops Q4 EPS by 5c
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Apollo Commercial Real Estate Finance, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results
February 27, 2017 4:30 PM ESTNEW YORK--(BUSINESS WIRE)-- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported financial results for the quarter and full year ended December 31, 2016.
Fourth Quarter 2016 Highlights
Reported net income available to common stockholders of $49.7 million, or $0.60 per diluted share of common stock, for the three months ended December 31, 2016, as compared to net income available to common stockholders of $21.4 million, or $0.32 per diluted share of common stock, for the three months ended December 31, 2015; Reported Operating Earnings (a non-GAAP financial measure... More