Apollo Global Management (APO) Tops Q2 EPS by 1c

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Go back to Apollo Global Management (APO) Tops Q2 EPS by 1c

Apollo Global Management, LLC Reports Second Quarter 2019 Results

July 31, 2019 7:01 AM EDT

NEW YORK, July 31, 2019 (GLOBE NEWSWIRE) -- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the second quarter ended June 30, 2019.

During the second quarter of 2019, funds managed by Apollo delivered strong investment performance across our integrated global platform, said Leon Black, Chairman and Chief Executive Officer. Apollo generated fee related earnings of $0.58 per share for the second quarter and $2.19 per share for the last twelve months, an increase of 35% year-over-year, which reflects the growing earnings power of our business. In addition, Apollos... More