Arbor Realty Trust, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Arbor Realty Trust, Inc. ABR.N reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of five analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 2 cents to 15 cents per share.

• Revenue fell 1.6% to $37.67 million from a year ago; analysts expected $47.94 million.

• Arbor Realty Trust, Inc.'s reported EPS for the quarter was a loss of 51 cents​.

• The company reported a quarterly loss of $85.35 million.

• Arbor Realty Trust, Inc. shares had fallen by 21.8% this quarter and lost 61.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 22.9% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."

• Wall Street's median 12-month price target for Arbor Realty Trust, Inc. is $3.25, about 7.1% above its last closing price of $3.02

This summary was machine generated from LSEG data October 30 at 05:11 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)