Apollo's fourth-quarter profit tops estimates on strong fee growth, retirement unit
By Niket Nishant (Reuters) -Alternative asset manager Apollo Global Management reported fourth-quarter profit that exceeded expectations on Tuesday, helped by a strong growth in fees and solid performance in its retirement business.
Apollo Global Management Surpasses Profit Expectations Amid Private Asset Growth
Apollo Global Management reported a better-than-expected fourth-quarter profit, fueled by growth in fee-related and retirement services. With a 15% increase in assets under management to $751 billion,
Here's What Key Metrics Tell Us About Apollo Global Management (APO) Q4 Earnings
The headline numbers for Apollo Global Management (APO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Apollo Global's fourth-quarter profit tops estimates as assets soar
Apollo Global Management's fourth-quarter profit exceeded expectations, helped by a strong growth in fees and solid performance in its retirement business, sending shares of the company up 4% in premarket trading on Tuesday.
Apollo Global Management, LLC Q4 Profit Decreases, But Beats Estimates
Apollo Global Management, LLC (APO) released earnings for fourth quarter that decreased from last year but beat the Street
Apollo Global Management Tops Q4 Profit Estimates On Record Fee-Related Earnings: Retail Elated
Apollo Global Management (APO) drew retail chatter on Tuesday after the company topped Wall Street estimates for quarterly profit, backed by a rise in fee earnings. The asset manager reported an adjusted net income of $2.
Apollo Raises Record From Private Wealth as Credit Grows
Apollo Global Management Inc.’s plan to tap wallets of rich clients is paying off, with its wealth business raking in record ...
Apollo Global Q4 earnings beat as inflows boost AUM
Apollo Global Management (APO) on Tuesday turned in Q4 earnings that topped Wall Street expectations as healthy inflows ...
Apollo Global Q4 Earnings Beat as AUM Rises, Revenues Decline Y/Y
APO's Q4 earnings benefit from a rise in AUM balance, along with lower expenses. However, a decline in revenues remains a concern.
Apollo Builds $5 Billion Multi-Strategy Fund With 30-Year Life
Apollo Global Management Inc. has built a $5 billion multi-strategy credit fund with a 30-year maturity as private capital ...
Apollo chief predicts wave of asset partnerships will shake up Wall Street
Apollo Global Management chief executive Marc Rowan says a wave of partnerships between alternative and big asset managers will shake up Wall Street.
Apollo Global Management, Inc. (APO) Q4 2024 Earnings Call Transcript
Apollo Global Management, Inc. ( NYSE: APO) Q4 2024 Earnings Conference Call February 4, 2025 8:30 AM ET Noah Gunn - Global Head, Investor Relations Marc Rowan - Chief Executive Officer Jim Zelter - ...
Commercial Observer2h
Apollo Boasts Better-Than-Expected Earnings Thanks to Spike in AUM
Alternative asset management firm Apollo Global Management (APO) reported better-than-expected earnings results for the 2024 ...
Apollo Global's wealth business sees record capital inflow, assets surge 50%
Inc., under CEO Marc Rowan, has seen a significant boost in its wealth business, recording a 50% increase in assets from the ...