Arbor Realty Trust (ABR) is expected to report Q2 earnings of $0.29 per share, a 35.6% decline YoY, and revenues of $237.24 million, a 20.2% decline YoY. Analysts forecast specific key metrics such as interest income, other revenue, and mortgage servicing rights, with estimates indicating changes of -20.2%, -21.1%, -10.5%, and -28% YoY, respectively. Over the past month, ABR shares have recorded returns of +11%, aligning with the Zacks S&P 500 composite's +5.4% change.
Arbor Realty Trust (ABR) closed at $11.31 in the latest trading session, marking a +2.26% move from the prior day, outpacing the S&P 500's daily gain of 0.32% [1]. The company's shares have appreciated by 9.18% over the past month, outperforming the Finance sector's gain of 3.04% and the S&P 500's gain of 4.51%. Investors are eagerly awaiting Arbor Realty Trust's forthcoming earnings report, where analysts expect earnings of $0.29 per share, representing a year-over-year (YoY) decline of 35.56% [1].
The report is anticipated to include specific key metrics such as interest income, other revenue, and mortgage servicing rights, with estimates indicating changes of -20.2%, -21.1%, -10.5%, and -28% YoY, respectively [1]. The company's full-year Zacks Consensus Estimates call for earnings of $1.18 per share and revenue of $959.31 million, which would represent year-over-year changes of -32.18% and -17.86%, respectively [1].
Despite the anticipated earnings decline, Arbor Realty Trust is currently trading at a Forward P/E ratio of 9.41, which is a premium relative to the industry average Forward P/E of 8.6 [1]. The REIT and Equity Trust industry, which includes Arbor Realty Trust, is part of the Finance sector and currently carries a Zacks Industry Rank of 195, placing it within the bottom 22% of over 250 industries [1].
Over the past month, ABR shares have recorded returns of +11%, aligning with the Zacks S&P 500 composite's +5.4% change [1]. The company's Zacks Rank is currently #3 (Hold), indicating a neutral outlook from the Zacks Investment Research team [1].
Investors should closely monitor Arbor Realty Trust's earnings report and any recent changes to analyst estimates, as these revisions can reflect the evolving nature of short-term business trends and directly associate with imminent stock price performance [1]. The Zacks Rank system, which integrates these estimate changes, has a remarkable track record of success, with #1 stocks delivering an average annual return of +25% since 1988 [1].
References:
[1] https://finance.yahoo.com/news/arbor-realty-trust-abr-rises-215001883.html
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