Apollo Comml Real Est Q1 2024 Adj EPS $0.35 Beats $0.30 Estimate
Portfolio Pulse from Benzinga Newsdesk
Apollo Comml Real Est (NYSE:ARI) reported Q1 2024 adjusted earnings per share of $0.35, surpassing the analyst consensus estimate of $0.30 by 16.67%.
April 29, 2024 | 8:16 pm
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Apollo Comml Real Est reported a Q1 2024 EPS of $0.35, exceeding expectations by 16.67%.
Beating earnings estimates typically leads to positive investor sentiment and can cause a short-term increase in stock price. Apollo Comml Real Est's significant beat of 16.67% is likely to be viewed positively by the market, suggesting a potential uptick in ARI's stock price in the short term.
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