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Compared to Estimates, Apollo Commerical Finance (ARI) Q3 Earnings: A Look at Key Metrics

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For the quarter ended September 2023, Apollo Commerical Finance (ARI - Free Report) reported revenue of $60.22 million, down 2.7% over the same period last year. EPS came in at $0.37, compared to $0.37 in the year-ago quarter.

The reported revenue represents a surprise of -6.53% over the Zacks Consensus Estimate of $64.43 million. With the consensus EPS estimate being $0.38, the EPS surprise was -2.63%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Apollo Commerical Finance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Interest Income- Interest income from commercial mortgage loans: $180.44 million versus the two-analyst average estimate of $174.44 million.
  • Net Interest Income- Interest income from subordinate loans and other lending assets: $1.60 million versus $4.82 million estimated by two analysts on average.
  • Revenue from real estate owned operations: $20.93 million versus the two-analyst average estimate of $23.08 million.
View all Key Company Metrics for Apollo Commerical Finance here>>>

Shares of Apollo Commerical Finance have returned -7.9% over the past month versus the Zacks S&P 500 composite's -3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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