Apollo Global Management Earnings Preview: Can This Streak Continue?
Apollo Global Management (NASDAQ:APO) will report earnings before markets open on Monday, May 6th. Apollo Global Management LLC provides global alternative asset manager services. The Company specializes in private equity, credit-oriented capital markets, and real estate funds invested across a core group of industries where Apollo has knowledge and resources. Apollo Global Management provides services throughout the world.
Here is your Cheat Sheet to Apollo Global Management Earnings:
Earnings Expectations: Analysts expect earnings of $1.24 per share on revenues of $976.68 million. Currently, the company’s P/E ratio stands at 13.01.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.81 to a profit $0.72. For the current year, the average estimate is a profit of $3.32, which is better than the estimate ninety days ago.
Here’s how Apollo Global Management has been performing on an annual basis:
|Revenue ($) in millions||637.85||966.73||2,110||171.63||2,860|
|Diluted EPS ($)||-1.62||0.83||-4.18||2.06|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||645.99||776.74||211.63||712.37||1,159|
|Diluted EPS ($)||0.0884||0.66||-0.38||0.55||1.317|
Apollo Global Management has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)