Apollo Global Management Q2 2024 Adj. EPS $1.64 Misses $1.76 Estimate, Sales $6.018B Beat $3.877B Estimate
Portfolio Pulse from Benzinga Newsdesk
Apollo Global Management (NYSE: APO) reported Q2 2024 earnings per share (EPS) of $1.64, missing the analyst estimate of $1.76. However, the company reported sales of $6.018 billion, significantly beating the estimate of $3.877 billion.
August 01, 2024 | 10:41 am
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Apollo Global Management reported Q2 2024 EPS of $1.64, missing the $1.76 estimate, but sales of $6.018 billion beat the $3.877 billion estimate.
The mixed results, with EPS missing estimates but sales significantly beating expectations, may lead to a neutral short-term impact on the stock price. Investors may weigh the earnings miss against the strong sales performance.
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