Apollo Comml Real Est Q2 Adj EPS $0.46 Beats $0.41 Estimate, Sales $62.96M Miss $71.11M Estimate
Portfolio Pulse from sunil@benzinga.com
Apollo Comml Real Est (NYSE:ARI) reported Q2 earnings of $0.46 per share, beating the analyst consensus estimate of $0.41 by 12.2%. However, the company's quarterly sales of $62.96 million missed the analyst consensus estimate of $71.11 million by 11.47%.
July 31, 2023 | 9:49 pm
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NEUTRAL IMPACT
Apollo Comml Real Est's Q2 earnings beat estimates but sales missed. This mixed result could lead to uncertain short-term price movement.
Apollo Comml Real Est's Q2 earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These mixed results could lead to uncertain short-term price movement for ARI.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100