Apollo Global Management Slips To Loss In Q2

RTTNews | 653 days ago
Stocktwits
Apollo Global Management Slips To Loss In Q2

(RTTNews) - Apollo Global Management Inc. (APO) reported Thursday a second-quarter net loss attributable to common stockholders of $2.05 billion or $3.53 per share, compared to net income of $649 million or $2.70 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $0.94 per share, compared to $1.14 per share in the year-ago quarter. Adjusted earnings - normalized - were $1.06 per share.

Total revenue for the quarter plunged to $2.27 billion from $1.38 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.02 per share on revenues of $849.75 million for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: APO
Stocktwits
read more
U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

Industrial minerals company U.S. Silica Holdings, Inc. (SLCA) announced Friday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (APO) in an all-cash transaction that values the Company at an enterprise value of approximately $1.85 billion.
RTTNews | 22 days ago
Paramount Stock Up In Pre-market On Reports Of Sony-Apollo Joint Bid Talks

Paramount Stock Up In Pre-market On Reports Of Sony-Apollo Joint Bid Talks

Sony Pictures Entertainment, affiliated to Japanese conglomerate Sony Group Corp., is in discussions with US private equity group Apollo Global for making a joint takeover bid for entertainment giant Paramount Global, reports said citing people familiar with the matter. The talks are said to be in an early stage. Following the news, Paramount Global shares were gaining around 10.7 percent...
RTTNews | 29 days ago
TSX Ends Notably Higher, Gains 0.7% In Week

TSX Ends Notably Higher, Gains 0.7% In Week

The Canadian market ended on a firm note on Friday, lifted by strong gains in materials and energy sectors as commodity prices climbed higher amid rate cut bets and optimism about outlook for demand.
RTTNews | 1 day ago
Dollar Retreats After Early Gains

Dollar Retreats After Early Gains

The U.S. dollar climbed higher in the European session on Friday, extending gains from the previous session, but retreated later and stayed somewhat subdued thereafter and shed ground against its counterparts amid bets the Federal Reserve will start cutting interest rates from September.
RTTNews | 1 day ago
Swiss Market Ends On Firm Note Again

Swiss Market Ends On Firm Note Again

Swiss stocks turned in a fine performance on Friday, extending gains from the previous session, as some encouraging earnings updates and possibility of another rate cut from the Swiss National Bank helped underpin sentiment.
RTTNews | 1 day ago
Major European Markets Close Weak On Interest Rate Concerns

Major European Markets Close Weak On Interest Rate Concerns

The major European stocks closed lower on Friday, drifting down for a second straight session, on concerns the Federal Reserve will likely keep interest rates higher for a longer time. Some disappointing earnings updates hurt as well.
RTTNews | 1 day ago
U.S. Dollar Lower On Rate Cut Expectations

U.S. Dollar Lower On Rate Cut Expectations

The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.
RTTNews | 1 day ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Outlook Indicator
Reviews
Brokers
Crypto Exchanges
Expert Advisors
Signal Providers
VPS Services
EA Programming
PAMM Brokers
Rebate Programs
Trading Platforms
Prop Trading Firms
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Broker News
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2024 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.