Apollo Commerical Finance: Q3 Earnings Snapshot
NEW YORK (AP) _ Apollo Commercial Real Estate Finance (ARI) on Monday reported third-quarter earnings of $183 million.
The New York-based company said it had net income of $1.13 per share. Earnings, adjusted for non-recurring gains, were 37 cents per share.
The real estate investment trust posted revenue of $76.3 million in the period. Its adjusted revenue was $61.9 million.
Apollo Commerical Finance shares have dropped 28% since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.53, a decline of 39% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARI at https://www.zacks.com/ap/ARI