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

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

Photo: TokenPost

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

Source: TokenPost

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