Arbor Realty Trust Q2 EPS $0.57 Beats $0.44 Estimate, Sales $108.54M Beat $99.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arbor Realty Trust (NYSE:ABR) reported Q2 earnings of $0.57 per share, beating the analyst consensus estimate of $0.44 by 29.55%. This is a 9.62% increase from the same period last year. The company also reported quarterly sales of $108.54 million, beating the analyst consensus estimate of $99.11 million by 9.52%. This is a 15.15% increase from the same period last year.
July 28, 2023 | 12:42 pm
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Arbor Realty Trust's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Arbor Realty Trust's Q2 earnings and sales beat analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100