Apollo Commerical Finance (ARI) Q2 Earnings Match Estimates

Apollo Commerical Finance (ARI) came out with quarterly earnings of $0.26 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.25 per share when it actually produced earnings of $0.24, delivering a surprise of -4%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Ap ...