Arbor Realty Trust Q3 Adj EPS $0.55 Beats $0.45 Estimate, Sales $107.29M Beat $99.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arbor Realty Trust (NYSE:ABR) reported Q3 adjusted earnings of $0.55 per share, beating the analyst consensus estimate of $0.45 by 22.22%. This is a 1.79% decrease from the same period last year. The company also reported quarterly sales of $107.29 million, beating the analyst consensus estimate of $99.96 million by 7.34%. This is an 8.02% increase from the same period last year.
October 27, 2023 | 12:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Arbor Realty Trust's Q3 earnings and sales exceeded analyst estimates, which could lead to a positive market reaction.
Arbor Realty Trust reported better than expected Q3 results, with both earnings and sales beating analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100