Apollo Commercial Real Estate Finance (ARI) Misses Q3 EPS by 1c
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Apollo Commercial Real Estate Finance, Inc. Reports Third Quarter 2016 Financial Results
October 26, 2016 4:30 PM EDTNEW YORK--(BUSINESS WIRE)-- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported financial results for the three and nine month periods ended September 30, 2016.
Third Quarter 2016 Highlights
Reported net income available to common stockholders of $60.6 million, or $0.83 per diluted share of common stock, for the three months ended September 30, 2016, as compared to net income available to common stockholders of $23.5 million, or $0.39 per diluted share of common stock, for the three months ended September 30, 2015; Reported Operating Earnings (a non-GAAP... More