Apollo Commercial Real Estate Finance (ARI) Reports In-Line Q4 EPS

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Apollo Commercial Real Estate Finance, Inc. Reports Fourth Quarter and Full Year 2018 Financial Results

February 13, 2019 4:30 PM EST

NEW YORK, Feb. 13, 2019 (GLOBE NEWSWIRE) -- 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, 2018.

Fourth Quarter 2018 Highlights

Reported net income available to common stockholders of $46.2 million, or $0.34 per diluted share of common stock, for the three months ended December 31, 2018;Reported Operating Earnings (a non-GAAP financial measure defined below) of $61.9 million, or $0.46 per diluted share of common stock, for the three months ended December 31, 2018;Generated $77.8 million of net interest income during the quarter... More