earnings
confidence medium
sentiment neutral
materiality 0.65
Apollo Global reports Q3 GAAP net loss of $876M; declares $0.40/share dividend
Apollo Global Management, Inc.
2022-Q3 EPS reported
-$6.55
revenue$6,126,000,000
- Q3 GAAP net loss of $876 million ($1.52 per share); YTD loss $3,797 million ($6.55 per share).
- Record quarterly fee-related earnings and rising spread-related earnings cited by CEO, though no specific figures provided.
- Year-to-date inflows of $100 billion, exceeding initial full-year target.
- Common dividend of $0.40 per share payable Nov 30, 2022 to holders of record Nov 17, 2022; preferred dividends also declared.
- Net loss attributed to market-related investment losses; adjusted metrics not disclosed in the filing.