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Stock impact report

ARI Q1 Deep Dive: Loan Portfolio Expansion and Asset Resolution in Volatile Market [Yahoo! Finance]

Apollo Commercial Real Estate Finance, Inc (ARI) 
Last apollo commercial real estate finance, inc earnings: 2/13 04:30 pm Check Earnings Report
US:NYSE Investor Relations: apolloreit.com
Company Research Source: Yahoo! Finance
Its non-GAAP profit of $0.24 per share was 8.8% above analysts' consensus estimates. Is now the time to buy ARI? Find out in our full research report (it's free). Revenue: $65.82 million vs analyst estimates of $62.68 million (18.3% year-on-year decline, 5% beat) Adjusted EPS: $0.24 vs analyst estimates of $0.22 (8.8% beat) Market Capitalization: $1.37 billion Apollo Commercial Real Estate Finance's first quarter reflected a year of transition for the commercial real estate market. Despite an 18.3% decline in sales compared to the prior year, the company surpassed Wall Street's revenue and non-GAAP profit expectations. Management attributed the quarter's performance to robust loan origination activity, with $650 million in new loans primarily focused on U.S. residential properties and data centers, while emphasizing the importance of proactive asset management and asset resolutions to drive portfolio returns. CEO Stuart Rothstein noted, “the recent volatility has led to mode Show less Read more
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