Apollo Commercial Real Estate Finance, Inc. (ARI)
- GuruFocus.com
Apollo Commercial Real Estate Finance Inc (ARI) Reports Q1 2024 Earnings
Significant Net Loss Amidst Stable Distributable Earnings
- Associated Press Finance
Apollo Commerical Finance: Q1 Earnings Snapshot
NEW YORK (AP) — Apollo Commercial Real Estate Finance (ARI) on Monday reported a first-quarter loss of $104.5 million, after reporting a profit in the same period a year earlier. Earnings, adjusted for non-recurring costs and stock option expense, were 35 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 35 cents per share.
- GlobeNewswire
Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2024 Results
NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended March 31, 2024. Net loss attributable to common stockholders per diluted share of common stock was ($0.76) for the quarter ended March 31, 2024. Distributable Earnings (a non-GAAP financial measure defined below) per share of common stock was $0.35 for the quarter ended March 31, 2024. Commenting on this quarter’s results, Stuar
