Revenue Update on Arbor Realty Trust Inc(NYSE:ABR)

Arbor Realty Trust Inc(NYSE:ABR) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 5, 2016. Company reported revenue of $17.27M. Analysts estimated a revenue of $23.60M. Earnings per share were $0.23. Analysts had estimated an EPS of $0.16.

Arbor Realty Trust Inc (ABR) shares turned negative on Wednesdays trading session with the shares closing down -0.01 points or -0.14% at a volume of 50,382. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $7.33. The peak price level was also seen at $7.33 while the days lowest was $7.24. Finally the shares closed at $7.28. The 52-week high of the shares is $7.4 while the 52-week low is $6.01. According to the latest information available, the market cap of the company is $374 M.

Arbor Realty Trust Inc. is a real estate finance company. The Company invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets. It invests primarily in real estate-related bridge and mezzanine loans including junior participating interests in first mortgages preferred and direct equity discounted mortgage notes and other real estate-related assets (collectively Structured Finance Investments). The Company also invests in mortgage-related securities. It conducts all of its operations through its operating partnership Arbor Realty Limited Partnership (ARLP) and its wholly owned subsidiaries. The Company’s real estate-related activities include bridge financing mezzanine financing Junior participation financings and preferred equity investments.

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