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Apollo Commercial Real Estate Finance Earnings Calls
| Release date | Apr 28, 2026 |
| EPS estimate | $0.290 |
| EPS actual | $0.220 |
| EPS Surprise | -24.14% |
| Revenue estimate | 77.851M |
| Revenue actual | 58.634M |
| Revenue Surprise | -24.68% |
| Release date | Feb 10, 2026 |
| EPS estimate | $0.270 |
| EPS actual | $0.260 |
| EPS Surprise | -3.70% |
| Revenue estimate | 69.722M |
| Revenue actual | 73.249M |
| Revenue Surprise | 5.06% |
| Release date | Oct 30, 2025 |
| EPS estimate | $0.247 |
| EPS actual | $0.300 |
| EPS Surprise | 21.36% |
| Revenue estimate | 49.15M |
| Revenue actual | 167.143M |
| Revenue Surprise | 240.07% |
| Release date | Jul 29, 2025 |
| EPS estimate | $0.260 |
| EPS actual | $0.260 |
| Revenue estimate | 49.55M |
| Revenue actual | 186.76M |
| Revenue Surprise | 276.91% |
Last 4 Quarters for Apollo Commercial Real Estate Finance
Below you can see how ARI performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 29, 2025 |
| Price on release | $9.80 |
| EPS estimate | $0.260 |
| EPS actual | $0.260 |
| Date | Price |
|---|---|
| Jul 23, 2025 | $9.84 |
| Jul 24, 2025 | $9.82 |
| Jul 25, 2025 | $9.86 |
| Jul 28, 2025 | $9.76 |
| Jul 29, 2025 | $9.80 |
| Jul 30, 2025 | $9.67 |
| Jul 31, 2025 | $9.62 |
| Aug 01, 2025 | $9.78 |
| Aug 04, 2025 | $9.91 |
| 4 days before | -0.407% |
| 4 days after | 1.12% |
| On release day | -1.33% |
| Change in period | 0.711% |
| Release date | Oct 30, 2025 |
| Price on release | $9.99 |
| EPS estimate | $0.247 |
| EPS actual | $0.300 |
| EPS surprise | 21.36% |
| Date | Price |
|---|---|
| Oct 24, 2025 | $10.28 |
| Oct 27, 2025 | $10.25 |
| Oct 28, 2025 | $10.15 |
| Oct 29, 2025 | $10.10 |
| Oct 30, 2025 | $9.99 |
| Oct 31, 2025 | $9.79 |
| Nov 03, 2025 | $9.71 |
| Nov 04, 2025 | $9.88 |
| Nov 05, 2025 | $9.93 |
| 4 days before | -2.82% |
| 4 days after | -0.601% |
| On release day | -2.00% |
| Change in period | -3.40% |
| Release date | Feb 10, 2026 |
| Price on release | $10.71 |
| EPS estimate | $0.270 |
| EPS actual | $0.260 |
| EPS surprise | -3.70% |
| Date | Price |
|---|---|
| Feb 04, 2026 | $10.87 |
| Feb 05, 2026 | $10.72 |
| Feb 06, 2026 | $10.80 |
| Feb 09, 2026 | $10.69 |
| Feb 10, 2026 | $10.71 |
| Feb 11, 2026 | $10.68 |
| Feb 12, 2026 | $10.56 |
| Feb 13, 2026 | $10.62 |
| Feb 17, 2026 | $10.68 |
| 4 days before | -1.47% |
| 4 days after | -0.280% |
| On release day | -0.280% |
| Change in period | -1.75% |
| Release date | Apr 28, 2026 |
| Price on release | $11.06 |
| EPS estimate | $0.290 |
| EPS actual | $0.220 |
| EPS surprise | -24.14% |
| Date | Price |
|---|---|
| Apr 22, 2026 | $11.04 |
| Apr 23, 2026 | $11.04 |
| Apr 24, 2026 | $11.12 |
| Apr 27, 2026 | $11.09 |
| Apr 28, 2026 | $11.06 |
| Apr 29, 2026 | $10.74 |
| Apr 30, 2026 | $10.94 |
| May 01, 2026 | $11.04 |
| May 04, 2026 | $10.99 |
| 4 days before | 0.181% |
| 4 days after | -0.633% |
| On release day | -2.89% |
| Change in period | -0.453% |
Apollo Commercial Real Estate Finance Earnings Call Transcript Summary of Q1 2026
Apollo Commercial Real Estate Finance (ARI) completed the previously announced sale of its $9 billion loan portfolio to Athene on April 24. After repaying financing facilities, other indebtedness and transaction expenses, ARI now holds approximately $1.3 billion of cash and four REO assets (~$900 million gross value). Q1 2026 results: net income available to common of $23 million ($0.16/share) and distributable earnings of $31 million ($0.22/share). Pro forma book value per share at closing of the portfolio sale is ~$12.15. Management has authorized a new share repurchase program (up to $150 million); year-to-date repurchases totaled ~6.8 million shares ( $0.07/share accretion). The Board remains committed to paying quarterly dividends while the strategic review is underway, targeting an ~8% annualized dividend yield on book value (future dividends likely to include significant return of capital components). Management is actively evaluating strategic alternatives for ARI (including potential new CRE-related strategies) and expects meaningful clarity in the coming months rather than waiting until year-end. Of the four REO assets, two (the Brook and the Mayflower Hotel) represent ~80% of REO net equity; the Brook is trending toward stabilization this summer, Mayflower performance is strong and improving, Courtland Grand is below budget but management expects insurance proceeds and events (e.g., World Cup) to help performance, and two former hospital assets (~$24M book) are in rezoning and partner discussions. Management currently envisions conservatively investing cash (examples cited: high-yielding deposit accounts, agency securities, CMBS structures consistent with REIT tests) with no leverage planned, preserving capital flexibility for strategic options. The company redeemed/repurchased secured debt and will redeem certain notes at par in mid-June; only one commercial mortgage loan remains on the balance sheet (a nonaccrual Chicago hotel loan expected to be repaid on sale).
