Earnings Call Summary | Apollo Commercial Real Estate Finance Inc(ARI.US) Q1 2024 Earnings Conference
Earnings Call Summary | Apollo Commercial Real Estate Finance Inc(ARI.US) Q1 2024 Earnings Conference
The following is a summary of the Apollo Commercial Real Estate Finance, Inc. (ARI) Q1 2024 Earnings Call Transcript:
以下是阿波羅商業房地產金融公司（ARI）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Apollo Commercial Real Estate Finance reported distributable earnings of $0.35 per share for Q1 2024.
GAAP net loss attributable to common stockholders was $108 million or $0.76 per diluted share, primarily driven by a $142 million allowance on a property loan.
The net loan portfolio was valued at $8.3 billion at the end of the quarter with a high average yield of 9.1%.
The company received $176 million of total repayments in Q1.
阿波羅商業房地產金融公司報告稱，2024年第一季度的每股可分配收益爲0.35美元。
歸屬於普通股股東的GAAP淨虧損爲1.08億美元，攤薄後每股虧損0.76美元，這主要是由1.42億美元的房地產貸款補貼推動的。
截至本季度末，淨貸款組合價值83億美元，平均收益率高達9.1％。
該公司在第一季度共收到1.76億美元的還款額。
Business Progress:
業務進展：
A resurgence was observed in the commercial real estate market with transaction volumes ticking upwards.
Apollo has projected another $1 billion repayments remainder of the year.
With an active pipeline of potential transactions, management anticipates a more active role in deploying capital during the year.
After a recorded property allowance, net exposure for the Steinway Building decreased from $594 million to $457 million at the end of Q1 2024.
ARI received proceeds from a hotel sale to a third party and also established a new secured credit facility with Goldman Sachs.
The company has maintained a steady $0.35 dividend per share for 16 consecutive quarters.
隨着交易量的上升，商業房地產市場出現了復甦。
阿波羅預計，今年剩餘時間還款10億美元。
隨着潛在交易的活躍，管理層預計將在年內在部署資本方面發揮更積極的作用。
在記錄在案的房地產補貼後，施坦威大廈的淨風險敞口從5.94億美元下降到2024年第一季度末的4.57億美元。
ARI收到了向第三方出售酒店的收益，還與高盛建立了新的擔保信貸額度。
該公司連續16個季度保持每股0.35美元的穩定股息。
More details: Apollo Commercial Real Estate Finance Inc IR
更多詳情： 阿波羅商業房地產金融公司 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。