Apollo Comml Real Est Q3 2024 GAAP EPS $(0.69) Misses $(0.42) Estimate
Portfolio Pulse from Benzinga Newsdesk
Apollo Commercial Real Estate (NYSE:ARI) reported a Q3 2024 GAAP EPS of $(0.69), missing the analyst consensus estimate of $(0.42) by 64.29%.
October 30, 2024 | 8:23 pm
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Apollo Commercial Real Estate's Q3 2024 earnings per share of $(0.69) significantly missed the expected $(0.42), indicating potential financial challenges.
The significant miss in earnings per share compared to analyst expectations suggests potential financial difficulties or operational challenges, likely leading to negative investor sentiment and short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100