Apollo Global Stock Dropped 3% after Q4 Earnings Miss, Dividend Cut

76
1
Favorite

Apollo Global Stock Dropped 3% after Q4 Earnings Miss, Dividend Cut

Seeking Alpha2022-02-11

Apollo Global Management stock dropped 3% in premarket trading after Q4 earnings missed consensus, falling from Q3's level, and the private equity firm cut its dividend by 20%. On a Y/Y basis, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

12b79cbf
·2022-02-11
Thanks
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2210419795?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-02-11 21:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2210419795","market":"us","top_or_hot":-1,"title":"Apollo Global Stock Dropped 3% after Q4 Earnings Miss, Dividend Cut","media":"Seeking Alpha","content":"<div>\n<p>Apollo Global Management  stock dropped 3% in premarket trading after Q4 earnings missed consensus, falling from Q3's level, and the private equity firm cut its dividend by 20%. On a Y/Y basis, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3799111-apollo-global-earnings-slip-from-q3-falling-short-of-consensus\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apollo Global Stock Dropped 3% after Q4 Earnings Miss, Dividend Cut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApollo Global Stock Dropped 3% after Q4 Earnings Miss, Dividend Cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-11 21:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3799111-apollo-global-earnings-slip-from-q3-falling-short-of-consensus><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apollo Global Management  stock dropped 3% in premarket trading after Q4 earnings missed consensus, falling from Q3's level, and the private equity firm cut its dividend by 20%. On a Y/Y basis, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3799111-apollo-global-earnings-slip-from-q3-falling-short-of-consensus\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APO","symbol_name":"阿波罗全球管理","start_time":0,"source_url":"https://seekingalpha.com/news/3799111-apollo-global-earnings-slip-from-q3-falling-short-of-consensus","article_id":"2210419795","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2210419795","pubTimestamp":1644585480,"sourceInfo":null,"weMediaInfo":null,"summary":"Apollo Global Management  stock dropped 3% in premarket trading after Q4 earnings missed consensus, ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"APO":"阿波罗全球管理"},"translate_title":"Apollo Global股价下跌3%，此前第四季度业绩不佳，股息减少","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APO":1},"content_text":"Apollo Global Management  stock dropped 3% in premarket trading after Q4 earnings missed consensus, falling from Q3's level, and the private equity firm cut its dividend by 20%. On a Y/Y basis, earnings from its Credit segment rose 33% and from its Private Equity business jumped 76%.Q4 distributable EPS of $1.05 trailed the consensus of $1.10 and decreased from $1.71 in Q3 and $0.72 in the year-ago quarter.Fee-related earnings of $309.1M, or $0.67 per share rose from $300.6M, or $0.68 per share, in Q3 and $275.8M, or $0.63 per share, in the year-ago quarter. The Y/Y growth was driven by higher advisory and transaction fees, as well as higher management fees, partly offset by an increase in compensation and non-compensation expenses, primarily due to headcount growth.Management fees of $519.1M increased from $474.5M in Q3 and $446.8M in the year-ago quarter.Total investment income of $573.8M grew from $536.5M in Q3 but fell from $768.2M in Q4 2020.Total assets under management of $497.6B at the end of Q4 rose from $481.1B at the end of Q3, driven by growth of retirement services clients and strong third-party fundraising.Inflows were $23.6B during the quarter, and $67.5B for the year; Dry powder was $47.2B at quarter-end, of which $26.3B was dry powder with future management fee potential.Deployed $34.6B during Q4 and recorded realizations of $4.2B.Q4 performance fee-generating AUM of $92.9B vs. $92.5B in Q3.Credit segment distributable earnings were $302.5M, up 33% Y/Y.Private Equity segment distributable earnings of $144.4M jumped 76% Y/Y.Real Assets segment distributable earnings of $38.3M increased 15% Y/Y.Conference call at 8:30 AM ET.Earlier, Apollo Global Management non-GAAP EPS of $1.05 misses by $0.05, revenue of $1.2B","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9092869060,"gmtCreate":1644586560048,"gmtModify":1676533943773,"author":{"id":"4104987214235800","authorId":"4104987214235800","name":"12b79cbf","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092869060","repostId":2210419795,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":76,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}