NYSE$ARI

Apollo Commercial Real Estate Finance Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported third quarter results, demonstrating resilience in a volatile market environment.

Apollo Commercial Real Estate Finance, Inc. reported net income available to common stockholders per diluted share of $1.13 for the third quarter of 2022. Distributable Earnings were $0.67 per share, and Distributable Earnings prior to realized gains on real estate owned and investments were $0.37 per share.

  • Net income available to common stockholders per diluted share was $1.13.
  • Distributable Earnings were $0.67 per share.
  • Distributable Earnings prior to realized gains on real estate owned and investments were $0.37 per share.
  • The company has made significant progress with key asset management initiatives.

Headline financials

Total Revenue

$76.3M

Previous: $66.6M+14.5%
EPS (adj)

$0.37

Previous: $0.35+5.7%
Capital Expenditures

-$21.2M

Previous: -$65K-32453.8%
Free Cash Flow

$162M

Previous: $60.3M+168.3%
Net Income

$183M

Previous: $60.4M+203.1%
Operating Income

-$9.47M

Previous: $36.7M-125.8%
Gross Profit

$20.7M

Previous: $60.9M-65.9%
Cash & Equivalents

$319M

Previous: $243M+31.2%
Total Assets

$9.82B

Previous: $7.72B+27.3%
Stock-Based Comp

$4.52M

Previous: $4.41M+2.6%

Revenue & EPS history

ARI · Revenue · Quarterly

$76.3M

Q3 2022+14.5%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the press release.

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 Q3 2022

Historical avgQ3 2022

-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

Earnings price reactions
QuarterReport dateReaction (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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