logo
What You Need to Know Ahead of Apollo Global Management's Earnings Release

What You Need to Know Ahead of Apollo Global Management's Earnings Release

Yahoo2 days ago
New York-based Apollo Global Management, Inc. (APO) is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. Valued at $86.9 billion by market cap, the company focuses on investing in yield, hybrid, and equity markets to generate retirement and investment incomes. The private equity giant is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Tuesday, Aug. 5.
Ahead of the event, analysts expect APO to report a profit of $1.75 per share on a diluted basis, up 22.4% from $1.43 per share in the year-ago quarter. The company missed the consensus estimates in three of the last four quarters while beating the forecast on another occasion.
More News from Barchart
It's Never 'Happened in the History of Tech to Any Company Before': OpenAI's Sam Altman Says ChatGPT is Growing at an Unprecedented Rate
Ditch 'Basic' Nvidia and Buy This 'Unique' Chip Stock Instead
Tesla Earnings, Powell Speech and Other Can't Miss Items this Week
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.
For the full year, analysts expect APO to report EPS of $7.20, up 9.3% from $6.59 in fiscal 2024. Its EPS is expected to rise 20.8% year-over-year to $8.70 in fiscal 2026.
APO stock has outperformed the S&P 500 Index's ($SPX) 13.6% gains over the past 52 weeks, with shares up 26.3% during this period. Similarly, it outperformed the Financial Select Sector SPDR Fund's (XLF) 21.4% gains over the same time frame.
APO is partnering with major banks, including JPMorgan Chase & Co. (JPM) and The Goldman Sachs Group, Inc. (GS), to increase liquidity in the private credit market. This collaboration aims to actively syndicate and trade investment-grade private debt, allowing for faster origination of larger loans. By enhancing liquidity and accessibility, APO is poised to attract both institutional and individual investors, driving growth in the private credit market. This initiative is part of APO's strategy to expand its credit trading footprint and solidify its position as a key player in shaping the future of private credit trading.
On May 2, APO shares closed down more than 1% after the company reported its Q1 results. Its revenue stood at $5.5 billion, down 21.2% year-over-year. The company's adjusted EPS increased 5.8% year-over-year to $1.82.
Analysts' consensus opinion on APO stock is bullish, with an overall 'Strong Buy' rating. Out of 21 analysts covering the stock, 16 advise a 'Strong Buy' rating, one suggests a 'Moderate Buy,' and four give a 'Hold.' APO's average analyst price target is $164.63, indicating a potential upside of 8.3% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

REMINDER / GDI INTEGRATED FACILITY SERVICES INC.: FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2025
REMINDER / GDI INTEGRATED FACILITY SERVICES INC.: FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2025

Yahoo

time4 minutes ago

  • Yahoo

REMINDER / GDI INTEGRATED FACILITY SERVICES INC.: FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2025

RELEASE DATE AND CONFERENCE CALL LASALLE, QC, July 23, 2025 /CNW/ - GDI Integrated Facility Services Inc. ("GDI") (TSX: GDI) will release its financial results for the second quarter ended June 30, 2025, on Wednesday August 6, 2025, following market close. GDI will hold a conference call on Thursday August 7, 2025, at 9:00 a.m. (Eastern Time) to discuss its financial and operating results. Participants will include Claude Bigras, President and Chief Executive Officer, Charles-Etienne Girouard, Senior Vice-President and Chief Financial Officer and David Hinchey, Executive Vice President, Corporate Development. Members of the financial community are invited to access the conference call, and analysts will be able to submit questions. Media representatives may attend as listeners only. Please dial in 10 minutes before the start of the conference call by using the following telephone numbers: North America Toll-Free: 1-800-990-4777Local: 289-819-1299 (Toronto) or 514-400-3794 (Montreal)RapidConnect URL: A replay of the conference call will be available until Thursday, August 14, 2025, by dialing: North America Toll-Free: 1-888 660 6345Local: 289-819-1450 (Toronto)Confirmation number: 28072# SOURCE GDI Integrated Facility Services Inc. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump administration not in a rush to replace Powell, Treasury chief Bessent says
Trump administration not in a rush to replace Powell, Treasury chief Bessent says

Yahoo

time4 minutes ago

  • Yahoo

Trump administration not in a rush to replace Powell, Treasury chief Bessent says

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday told Bloomberg TV in an interview that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell. Bessent said he continues to have regular meetings with Powell and that Powell had not told him whether he would leave his board seat. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store