NYSE$ARI
Apollo Commercial Real Estate Finance Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported strong distributable earnings driven by senior floating rate loan portfolio amidst a challenging environment.
Apollo Commercial Real Estate Finance, Inc. (ARI) reported a net income attributable to common stockholders per diluted share of $0.32 for Q1 2023. Distributable Earnings per share was $0.48, and Distributable Earnings prior to net realized loss on investments and realized gain on extinguishment of debt per share was $0.51.
- ARI's senior floating rate loan portfolio produced strong distributable earnings.
- The company is benefiting from higher base rates due to its portfolio being 99% floating rate loans.
- ARI is taking a cautious approach to capital deployment due to ongoing market uncertainty.
- The focus is on proactive asset management and increasing liquidity.
Headline financials
Revenue & EPS history
ARI · Revenue · Quarterly
$87.1M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
-0.2%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+2.4%
Avg return
30 days after
50%
32 / 64 earnings
Positive
+18.4%
Q3 2022
Best reaction
-11.4%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.7% | +2.6% | +2.0% | |
| Q4 2025 | -0.3% | -0.8% | -4.1% | |
| Q3 2025 | -2.6% | -0.6% | +1.4% | |
| Q1 2025 | +1.3% | +3.1% | +5.9% | |
| Q4 2024 | +9.9% | +11.1% | +7.3% | |
| Q3 2024 | +0.6% | +1.6% | +4.6% | |
| Q2 2024 | -0.7% | +1.9% | +3.4% | |
| Q1 2024 | -10.8% | -6.9% | -9.5% | |
| Q4 2023 | -4.5% | -2.4% | -0.2% | |
| Q3 2023 | +6.8% | +15.0% | +15.3% | |
| Q2 2023 | -11.4% | -9.8% | -7.7% | |
| Q1 2023 | +8.2% | +8.3% | +10.0% | |
| Q4 2022 | -8.7% | -3.6% | -18.2% | |
| Q3 2022 | +18.4% | +22.8% | +26.1% | |
| Q2 2022 | +4.6% | +10.6% | +9.7% | |
| Q1 2022 | -4.6% | -9.9% | -8.2% | |
| Q4 2021 | -0.6% | -4.7% | +0.0% | |
| Q3 2021 | -3.0% | -2.3% | -8.4% | |
| Q2 2021 | -0.6% | -1.9% | -0.9% | |
| Q1 2021 | +0.9% | +1.8% | +2.5% | |
| Q4 2020 | +4.7% | +5.8% | +20.4% | |
| Q3 2020 | -1.7% | -5.2% | +23.3% | |
| Q2 2020 | -0.7% | -1.3% | -1.0% | |
| Q1 2020 | +1.7% | -3.9% | +42.5% | |
| Q4 2019 | -0.4% | -0.3% | -36.1% | |
| Q3 2019 | -2.6% | -4.1% | -5.2% | |
| Q2 2019 | +0.1% | -0.2% | +0.1% | |
| Q1 2019 | +1.1% | +1.8% | +1.8% | |
| Q4 2018 | -2.8% | -2.8% | +0.1% | |
| Q3 2018 | +0.8% | -1.4% | +0.0% | |
| Q2 2018 | -0.1% | +0.7% | +2.7% | |
| Q1 2018 | +0.5% | +1.1% | +3.8% | |
| Q4 2017 | +2.2% | +4.3% | +3.1% | |
| Q3 2017 | +1.0% | +1.2% | +2.9% | |
| Q2 2017 | -0.8% | -0.1% | +0.3% | |
| Q1 2017 | -4.7% | -3.7% | -4.3% | |
| Q4 2016 | +2.3% | +1.1% | +4.1% | |
| Q3 2016 | +2.0% | +2.5% | +4.6% | |
| Q2 2016 | -1.8% | -1.6% | -1.2% | |
| Q1 2016 | +0.4% | — | — | |
| Q4 2015 | +0.6% | — | — | |
| Q3 2015 | -1.5% | — | — | |
| Q2 2015 | +1.5% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | +2.8% | — | — | |
| Q3 2014 | -0.1% | — | — | |
| Q2 2014 | +1.3% | — | — | |
| Q1 2014 | -3.4% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | +0.7% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +0.7% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q3 2012 | -0.9% | — | — | |
| Q2 2012 | +2.9% | — | — | |
| Q1 2012 | +3.0% | — | — | |
| Q4 2011 | +1.7% | — | — | |
| Q3 2011 | -2.4% | — | — | |
| Q2 2011 | -10.0% | — | — | |
| Q2 2010 | -10.0% | — | — | |
| Q1 2011 | -1.5% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q3 2010 | -1.5% | — | — | |
| Q1 2010 | -1.9% | — | — |
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