Apollo Commercial Real ARI unveils its next round of earnings this Monday, July 26. Get prepared with Benzinga's ultimate preview for Apollo Commercial Real's Q2 earnings.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Based on Apollo Commercial Real management projections, analysts predict EPS of $0.36 on revenue of $68.56 million. In the same quarter last year, Apollo Commercial Real announced EPS of $0.38 on revenue of $70.76 million.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The Wall Street estimate would represent a 5.26% decline in the company's earnings. Sales would be down 3.11% from the year-ago period. Here is how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.34 | 0.32 | 0.30 | 0.29 |
| EPS Actual | 0.39 | 0.36 | 0.36 | 0.38 |
| Revenue Estimate | 66.06 M | 66.28 M | 67.60 M | 67.90 M |
| Revenue Actual | 71.15 M | 64.70 M | 68.56 M | 70.76 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Shares of Apollo Commercial Real were trading at $15.38 as of July 22. Over the last 52-week period, shares are up 71.19%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Apollo Commercial Real is scheduled to hold the call at 10:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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