What's In The Cards For Arbor Realty's (ABR) Q2 Earnings?
Zacks Investment Research | Jul 29, 2019 08:53AM ET
Arbor Realty Trust (NYSE:ABR) is scheduled to report second-quarter 2019 results on Aug 2, before the market opens. The company’s results will likely reflect year-over-year growth in its interest income, while funds from operations (FFO) might witness a decline.
In the last reported quarter, this New York-headquartered real estate investment trust (REIT), which primarily focuses on originating and servicing loans for multi-family, seniors housing, healthcare, and other commercial real estate assets, posted AFFO of 33 cents, surpassing the Zacks Consensus Estimate of 27 cents. The figure also came in higher than the prior-year quarter’s reported tally of 25 cents.
Over the trailing four quarters, the company surpassed the Zacks Consensus Estimate on all occasions, the average beat being 12.9%. The graph below depicts this surprise history:
Arbor Realty Trust Price and EPS Surprise
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