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Arbor Realty Trust Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

Arbor Realty Trust (NYSE:ABR) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$147.4m (down 5.4% from 3Q 2021).

  • Net income: US$62.7m (down 14% from 3Q 2021).

  • Profit margin: 43% (down from 47% in 3Q 2021). The decrease in margin was primarily driven by lower revenue.

  • EPS: US$0.37 (down from US$0.51 in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Arbor Realty Trust Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 1.1%.

Looking ahead, revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Mortgage REITs industry in the US are expected to grow by 15%.

Performance of the American Mortgage REITs industry.

The company's shares are up 4.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Arbor Realty Trust (of which 2 can't be ignored!) you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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