Apollo Management(APO)
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Apollo Stock Touches a New 52-Week High: Is It Worth a Look?
ZACKS· 2024-11-20 16:10
Apollo Global Management, Inc. (APO) shares touched a new 52-week high of $169.15 on Tuesday before closing the session slightly lower at $168.25. The stock skyrocketed 94.1% in the past year, outperforming its industry’s growth of 61.2% and the S&P 500's rise of 32.6%.Price Performance Image Source: Zacks Investment Research Apollo's business moves and optimistic growth forecast fuelled investor optimism, which drove the stock to a new high.What’s Driving APO Stock?Acquisition & Partnership Deals: Apollo i ...
Apollo Funds Acquire Majority Stake in The State Group, A Leading Provider of Multi-Trade Services
GlobeNewswire News Room· 2024-11-18 21:30
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds associated with its Impact and Clean Transition strategies (the “Apollo Funds”) have acquired a majority stake in The State Group (“TSG” or the “Company”) from Blue Wolf Capital (“Blue Wolf”). Blue Wolf will retain a minority stake in the business, alongside existing management shareholders. Established in 1961, TSG is a leading provider of electrical, mechanical, robotics and automation services, with a strong presenc ...
Apollo Management(APO) - 2024 Q3 - Quarterly Report
2024-11-06 22:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-41197 APOLLO GLOBAL MANAGEMENT, INC. (Exact name of registrant as specified in its charter) Delaware 86-3 ...
Apollo's Strong Q3 Results Propel Price Forecast Upgrade — Analyst Highlights Asset Growth And Future Potential
Benzinga· 2024-11-06 18:39
Apollo Global Management, Inc. APO shares are trading higher on Wednesday.On Tuesday, Apollo reported third-quarter adjusted earnings per share of $1.85, surpassing analyst estimates of $1.72 and revenue of $7.77 billion, beating the street view of $4.13 billion.Apollo said it now manages a total of $733 billion in assets, with $551 billion generating fees. Over the past year, Apollo saw $151 billion in new inflows and deployed $248 billion in capital. Apollo’s Fee Related Earnings (FRE) were $531 million, ...
Apollo Management(APO) - 2024 Q3 - Earnings Call Transcript
2024-11-05 17:04
Apollo Global Management, Inc. (NYSE:APO) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Noah Gunn - Global Head, Investor Relations Marc Rowan - Chief Executive Officer Martin Kelly - Chief Financial Officer Jim Zelter - Co-President Conference Call Participants Alexander Blostein - Goldman Sachs Craig Siegenthaler - Bank of America Bill Katz - TD Cowen Steven Chubak - Wolfe Research Mike Brown - Wells Fargo Patrick Davitt - Autonomous Research Brennan Hawken - UBS Brian ...
Compared to Estimates, Apollo Global Management (APO) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-05 15:36
Apollo Global Management Inc. (APO) reported $926 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 11%. EPS of $1.81 for the same period compares to $1.71 a year ago.The reported revenue represents a surprise of +3.85% over the Zacks Consensus Estimate of $891.68 million. With the consensus EPS estimate being $1.74, the EPS surprise was +4.02%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...
Apollo Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-05 11:35
NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the third quarter ended September 30, 2024. Marc Rowan, Chief Executive Officer at Apollo said, “Our strong third quarter results reflect broad-based momentum across the platform. We are building a next-generation financial services business uniquely positioned to win across massive market opportunities, and we are excited to execute on the ...
Apollo Management(APO) - 2024 Q3 - Quarterly Results
2024-11-05 11:30
Apollo Global Management, Inc. Third Quarter 2024 Earnings Third Quarter 2024 Financial Highlights · GAAP Net Income Attributable to Apollo Global Management, Inc. Common Stockholders was $787 million for the quarter ended S $1.30 per share Apollo's primary non-GAAP earnings metric, Adjusted Net Income, which represents the sum of FRE, SRE, and PII, less HoldCo . costs and taxes, totaled $1.1 billion, or $1.85 per share, for the third quarter | --- | --- | --- | --- | |-------------------------------------- ...
TeleVox Earns Frost & Sullivan Customer Value Leadership Award
GlobeNewswire News Room· 2024-10-28 14:00
OMAHA, Neb., Oct. 28, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, has been awarded this year's Best Practices Customer Value Leadership Award in the North American patient relationship management industry by Frost & Sullivan. Frost & Sullivan Best Practices awards recognize companies across regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological inno ...
Top 7 Tax-Loss Stocks To Sell By October 31, 2024
Seeking Alpha· 2024-10-21 12:25
Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more.Top ...