Apollo Commercial Real Estate Finance (ARI) Tops Q3 EPS by 2c
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Apollo Commercial Real Estate Finance, Inc. Reports Third Quarter 2022 Results
October 24, 2022 4:15 PM EDTNEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE: ARI) today reported results for the quarter and nine months ended September 30, 2022.
For the third quarter of 2022, net income available to common stockholders per diluted share of common stock was $1.13 and Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to realized gains on real estate owned and investments were $0.67 and $0.37 per share of common stock, respectively.
Our third quarter results demonstrate the resilience of ARIs... More
