Apollo Global Management APO announces its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Wall Street expects EPS of 54 cents and sales around $632.37 million.
In the same quarter last year, Apollo Global Management posted EPS of 46 cents on sales of $432.87 million. Sales would be up 46.09 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.11 | 0.63 | 0.6 | 0.47 |
| EPS Actual | -0.3 | 1.22 | 1.07 | 0.46 |
Stock Performance
Over the last 52-week period, shares are up 27.97 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Apollo Global Management stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Apollo Global Management's Q2 conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: http://www.apollo.com/about-apollo
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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