The third quarter financial results of Arbor Realty Trust (NYSE: ABR) will be revealed on Friday 1st November 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.
the organization is projected to announce an estimated per share $0.39 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $83.92 million for this period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.55. This considerable sum was attributed to the company's total revenue, which reached an impressive $107.29 million during that specific quarter.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $356.77 million. They also believe the company will reach about profit of $1.7 per share for the fiscal year.
ABR will host a conference call with investment community on 1st November 2024 at 10:00 AM eastern time to discuss the financial results.
The previous trading day saw Arbor Realty Trust (ABR) shares trading between $15.05 and $15.32, besides a volume of 1.60 million shares. The stock closed Wednesday's regular trading session at $15.07, reflecting 0.33 percent downfall.
