Arbor Realty Trust Q4 Earnings Miss Estimates, Revenue Tops Forecasts
UNIONDALE, N.Y. -- Arbor Realty Trust (ABR) reported its fourth-quarter financial results on Friday, missing earnings expectations but exceeding revenue estimates.
Key Highlights:
* Profit: $70.2 million (32 cents per share)
* Adjusted EPS: 40 cents per share
* Revenue: $262.9 million
Analyst Expectations:
* EPS: 42 cents per share
* Revenue: $259.7 million
Full-Year Performance:
* Profit: $264.6 million ($1.18 per share)
* Revenue: $1.17 billion
Stock Performance:
* Shares have declined slightly year-to-date
* Risen 3% in the past 12 months
Additional Information:
* Results fell short of Wall Street estimates
* Revenue surpassed Street forecasts
* Access a Zacks stock report on ABR at https://www.zacks.com/ap/ABR