Earnings Preview: Apollo Comml Real Est
Portfolio Pulse from Benzinga Insights
Apollo Comml Real Est (NYSE:ARI) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts expecting an EPS of $0.33. Historical data shows that ARI's stock price reacts to both earnings outcomes and forward guidance. Last quarter, ARI beat the EPS estimate by $0.02, leading to a 5.06% stock price increase the following day. However, the stock has seen a 12.04% decline over the last 52 weeks, indicating potential investor concern ahead of this earnings release.
February 05, 2024 | 4:02 pm
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Apollo Comml Real Est (ARI) is expected to report an EPS of $0.33 for the upcoming quarter. Historical performance indicates significant stock price movement post-earnings, with a notable 5.06% increase after last quarter's beat.
Given ARI's history of stock price movement post-earnings, the upcoming report could lead to similar short-term volatility. However, the overall 12.04% decline over the past year suggests underlying concerns that may temper any positive reaction to an earnings beat or positive guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100