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Apollo Commerical Finance (ARI) Q3 Earnings Beat Estimates

Apollo Commerical Finance (ARI) came out with quarterly earnings of 0.31pershare,beatingtheZacksConsensusEstimateof0.31 per share, beating the Zacks Consensus Estimate of 0.25 per share. This compares to earnings of 0.37pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof240.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 24%. A quarter ago, it was expected that this real estate investment trust would post earnings of 0.34 per share when it actually produced earnings of $0.35, delivering a surprise of 2.94%. Over the last ...