Apollo Global Management Q4 Adj. EPS $1.91 Beats $1.72 Estimate, Sales $11.05B Beat $3.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
Apollo Global Management (APO) reported Q4 adjusted EPS of $1.91, surpassing the $1.72 estimate, and sales of $11.05B, exceeding the $3.62B estimate. This represents a significant increase over the previous year's figures.
February 08, 2024 | 11:36 am
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POSITIVE IMPACT
Apollo Global Management reported a substantial beat on both earnings and sales estimates for Q4, indicating strong financial performance.
The significant beat on both earnings per share and sales estimates for Apollo Global Management suggests a strong financial health and operational efficiency. This outperformance, especially with a 205.14% beat on sales estimates and a 26.49% increase in earnings per share year-over-year, is likely to instill investor confidence and could lead to a positive short-term impact on APO's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100