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Apollo Commerical Finance (ARI) Tops Q4 Earnings Estimates

Apollo Commerical Finance (ARI) came out with quarterly earnings of 0.32pershare,beatingtheZacksConsensusEstimateof0.32 per share, beating the Zacks Consensus Estimate of 0.23 per share. This compares to earnings of 0.36pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof39.130.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 39.13%. 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 $0.31, delivering a surprise of 24%.Over the last ...