CORRECTION: Apollo Global Management Q2 Adj $1.70 Beats $1.65 Estimate, Sales $793.00M Beat $781.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Apollo Global Management (NYSE:APO) reported Q2 earnings of $1.70 per share, beating the analyst consensus estimate of $1.65 by 3.03%. This is an 80.85% increase from the same period last year. The company also reported quarterly sales of $793.00 million, beating the analyst consensus estimate of $781.82 million by 1.43%. This is a 24.49% increase from the same period last year.
August 04, 2023 | 1:24 pm
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POSITIVE IMPACT
Apollo Global Management's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Apollo Global Management reported better-than-expected Q2 earnings and sales, which is typically a positive signal for the company's stock. The significant increases from the same period last year also indicate strong growth, which could further boost investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100