Apollo Commercial Real Estate Finance (ARI) Misses Q1 EPS by 2c
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Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2018 Financial Results
May 2, 2018 4:15 PM EDTNEW YORK--(BUSINESS WIRE)-- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported financial results for the quarter ended March 31, 2018.
First Quarter 2018 Highlights
Reported net income available to common stockholders of $42.6 million, or $0.38 per diluted share of common stock, for the three months ended March 31, 2018, as compared to $37.8 million, or $0.41 per diluted share of common stock, for the three months ended March 31, 2017; Reported Operating Earnings (a non-GAAP financial measure defined below) of $47.8 million, or $0.43 per diluted share of common stock,... More