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Apollo Commerical Finance: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Apollo Commercial Real Estate Finance (ARI) on Monday reported second-quarter profit of $25.8 million.

The New York-based company said it had net income of 11 cents per share. Earnings, adjusted for one-time gains and costs, were 15 cents per share.

The real estate investment trust posted revenue of $44.4 million in the period. Its adjusted revenue was $8.1 million.

Apollo Commerical Finance shares have fallen 31% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.65, a fall of 34% in the last 12 months.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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