Apollo Commercial Real Estate Finance (ARI) Reports In-Line Q2 EPS
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Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2018 Financial Results
July 25, 2018 4:15 PM EDTNEW YORK--(BUSINESS WIRE)-- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported financial results for the quarter ended June 30, 2018.
Second Quarter 2018 Highlights
Reported net income available to common stockholders of $48.5 million, or $0.39 per diluted share of common stock, for the three months ended June 30, 2018, as compared to $26.9 million, or $0.28 per diluted share of common stock, for the three months ended June 30, 2017; Reported Operating Earnings (a non-GAAP financial measure defined below) of $54.9 million, or $0.44 per diluted share of common stock,... More