Apollo Commercial Real Estate Finance (ARI) Misses Q3 EPS by 2c
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Apollo Commercial Real Estate Finance, Inc. Reports Third Quarter 2018 Financial Results
October 24, 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 September30, 2018.
Third Quarter 2018 Highlights
Reported net income available to common stockholders of $55.4 million, or $0.40 per diluted share of common stock, for the three months ended September30, 2018; Reported Operating Earnings (a non-GAAP financial measure defined below) of $58.3 million, or $0.45 per diluted share of common stock, for the three months ended September30, 2018; excluding the realized loss on early extinguishment of debt (described below),... More