Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2019 Financial Results
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Apollo Commercial Real Estate Finance (ARI) Misses Q2 EPS by 8c
July 24, 2019 4:18 PM EDTApollo Commercial Real Estate Finance (NYSE: ARI) reported Q2 EPS of $0.38, $0.08 worse than the analyst estimate of $0.46.
Reported net income available to common stockholders of $56.5 million, or $0.37 per diluted share of common stock, for the three months ended June 30, 2019; Reported net income available to common stockholders of $117.4 million, or $0.80 per diluted share of common stock, for the six months ended June 30, 2019;Reported Operating Earnings (a non-GAAP financial measure defined below) of $56.6 million, or $0.38 per diluted share of common stock; Operating Earnings excluding realized loss on investments (described below), were $69.1... More