Apollo Commercial Real Estate Finance (ARI) Tops Q1 EPS by 3c
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Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2019 Financial Results
April 24, 2019 4:15 PM EDTNEW YORK, April 24, 2019 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported financial results for the quarter ended March 31, 2019.
First Quarter 2019 Highlights
Reported net income available to common stockholders of $60.9 million, or $0.43 per diluted share of common stock, for the three months ended March 31, 2019;Reported Operating Earnings (a non-GAAP financial measure defined below) of $68.4 million, or $0.50 per diluted share of common stock, for the three months ended March 31, 2019;Generated $82.8 million of net interest income during the quarter from the Companys $5.2... More