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:   2024-02-07T23:59:59+00:00
Accession:  0001193125-24-025589
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ARI reports Q4 2023 Distributable EPS $0.36; net income per diluted share $0.30
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- Q4 net income available to common stockholders per diluted share $0.30; FY 2023 $0.29.
- Q4 Distributable Earnings per share $0.36; FY Distributable Earnings prior to net realized loss/gain $1.69.
- CEO Stuart Rothstein notes stable dividend coverage and two new loan originations in Q4.
- Realized loss on subordinate loan secured by ultra-luxury residential property and hotel acquired via deed-in-lieu; offset by gain on convertible note extinguishment.
- Conference call to discuss results scheduled for February 7, 2024 at 10am ET.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467760/000119312524025589/0001193125-24-025589-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467760/000119312524025589/d713290d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-025589

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