1 min read
Add as a preferred source on Google

Apollo Q3 Adjusted EPS Misses Estimate as Originations Hit $114 Billion

Fee-related earnings beat consensus, and originations for the 12 months topped $350 billion.

An unmarked loan folder rests beside a tilted brass balance scale / TokenPost.ai
An unmarked loan folder rests beside a tilted brass balance scale / TokenPost.ai

Apollo Global Management's third-quarter adjusted earnings per share came in below both the prior quarter's level and the year-earlier result, missing the average Wall Street estimate. Fee-related earnings exceeded consensus expectations.

Quarterly originations totaled $114 billion, Apollo's highest quarterly amount. Originations over the preceding 12 months surpassed $350 billion.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…