Apollo Commercial Real Estate Finance (ARI) Misses Q4 EPS by 3c, Revenue Beats
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Apollo Commercial Real Estate Finance, Inc. Reports Fourth Quarter 2022 Results
February 8, 2023 4:15 PM ESTNEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported results for the quarter and year ended December 31, 2022.
Net income (loss) attributable to common stockholders per diluted share of common stock was ($0.06) and $1.68 for the quarter and year ended December 31, 2022, respectively. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to realized gains (losses) on real estate owned and investments per share of common stock was $0.31 and $0.48 and $1.67 and $1.54 for the quarter and year ended December 31, 2022, respectively.
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