NYSE$ARI

Apollo Commercial Real Estate Finance Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported fourth quarter 2022 results.

Apollo Commercial Real Estate Finance, Inc. reported results for the quarter and year ended December 31, 2022. The senior floating rate loan portfolio produced stable Distributable Earnings comfortably in excess of the common stock dividend.

  • Net income (loss) attributable to common stockholders per diluted share of common stock was ($0.06).
  • Distributable Earnings per share of common stock was $0.31.
  • Distributable Earnings prior to realized gains (losses) on real estate owned and investments per share of common stock was $0.48.
  • ARI's portfolio remains well positioned to continue generating Distributable Earnings in excess of the common stock dividend.

Headline financials

Total Revenue

$69.2M

Previous: $59.2M+16.8%
EPS (adj)

$0.31

Previous: $0.32-3.1%
Net Income

-$101M

Previous: $37.1M-371.1%
Gross Profit

-$21.6M

Previous: $47.5M-145.5%
Cash & Equivalents

$222M

Previous: $343M-35.3%
Total Assets

$9.57B

Previous: $8.42B+13.7%
Stock-Based Comp

$4.52M

Previous: $4.48M+0.8%

Revenue & EPS history

ARI · Revenue · Quarterly

$69.2M

Q4 2022+16.8%vs Q4 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

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 Q4 2022

Historical avgQ4 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro