secwatch.observer — SEC 8-K summary
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Issuer:     Apollo Commercial Real Estate Finance, Inc. (ARI)
CIK:        0001467760
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001193125-23-119022
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ARI reports Q1 2023 EPS of $0.32; distributable earnings of $0.48 per share
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- GAAP net income per diluted share of $0.32 for Q1 2023.
- Distributable Earnings per share $0.48; $0.51 excluding net realized loss and debt extinguishment gain.
- Portfolio is 99% floating rate loans, benefiting from higher base rates.
- Recorded realized loss from hotel deed-in-lieu foreclosure, partially offset by gains on loan sales and debt extinguishment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467760/000119312523119022/0001193125-23-119022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467760/000119312523119022/d454833d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-119022

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