Apollo Commercial reports Q1 EPS 50c, consensus 47c
"ARI has had a strong start to 2019 committing to over $523 million of commercial real estate loans year-to-date," said Stuart Rothstein, Chief Executive Officer and President of the Company. "As we approach ARI's 10-year anniversary as a public company, we are extremely proud of the platform we have built, as well as ARI's reputation as a reliable and creative capital solutions provider. The Company's portfolio has surpassed the $5.0 billion mark and the pipeline remains healthy." The Company's book value per share of common stock was $16.13 at March 31, 2019 as compared to book value per share of common stock of $16.20 at December 31, 2018. The decrease is primarily driven by the vesting of stock awards related to our equity incentive plan.