Apollo Global Management

Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded in 1990 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2024

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Apollo Global Management excels in Q1 earnings and strategic positioning

Apollo Global Management's Q1 performance reflects strong earnings and strategic positioning in various business segments. The company's focus on low purchase prices, recurring income streams, and growth investments bodes well for future success.

Apollo Global Management reports record earnings and eyes strategic growth

Apollo Global Management's Q2 2023 Earnings Call showcased strong financial performance, particularly in fee-related and spread-related earnings. The company's focus on private equity, private credit, and strategic growth opportunities positions it well for future success despite anticipated challenges.

Apollo Global Management reports record earnings and outlines growth strategies

Apollo Global Management's Q3 2023 earnings call highlighted record earnings, strong performance in key business segments, and strategic initiatives for future growth. The company remains focused on disciplined strategies, aligning incentives, and navigating market challenges to capitalize on growth opportunities. Investors should pay attention to their continued success in asset management and retirement services.

Apollo Global Management reports record earnings and strategic growth plans

Apollo Global Management's Q4 2023 earnings call highlighted strong financial performance, strategic focus on growth, and cautious approach to expansion. The company aims to double earnings by 2026, increase origination capabilities, and pivot towards hybrid investments. Challenges include managing return differentials, capital allocation, and maintaining quality in growth strategies.

Apollo Global Management reports robust Q1 results and eyes growth opportunities

Apollo Global Management's Q1 performance reflects strong financial results, record inflow, and capital formation, positioning the company for continued growth.
Despite challenges such as higher costs impacting SRE, Apollo's focus on managing costs, strategic investments, and growth opportunities bode well for the future.
The company's strengths in investment returns, risk management, and partnerships, coupled with opportunities in private markets and asset-backed finance, showcase a promising outlook.
Navigating challenges like tax rate increases and market uncertainties, Apollo remains focused on sustainable growth, delivering value to shareholders, and seizing opportunities ahead.

Apollo Global Management reports record earnings and growth opportunities

Apollo Global Management delivered strong financial results, driven by record inflows and robust performance across its franchises. While facing challenges such as lower net spread and growth expectations, the company remains well-positioned for growth. With opportunities in expanding markets and a clear growth strategy, Apollo shows resilience and potential for future success.

Apollo Global Management reports record earnings and outlines ambitious growth targets

Apollo Global Management's Q3 performance reflects strong financial results, ambitious growth targets, and strategic focus on key areas like retirement services and origination capacity. The company's strengths lie in robust fee-related earnings, disciplined cost management, and solid spread profitability. Challenges include maintaining growth momentum, optimizing capital allocation, and managing potential margin headwinds. Opportunities exist in various sectors like industrial renaissance, retirement solutions, and innovative private assets.

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Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded by Marc Rowan in 1990 and is headquartered in New York, NY.

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Apollo Global stock is down 7.5% after the Q2 announcement. It was the first non-stellar quarter for a long time. Athene's lower net spread caused by alts returns impacted non-GAAP EPS. All other metrics remain strong, including fee-generating AUM and organic inflows.

Apollo Stock Punished For Less Than Stellar Quarter - Nothing To Worry About

The headline numbers for Apollo Global Management (APO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Apollo Global Management (APO) Reports Q2 Earnings: What Key Metrics Have to Say

Apollo Global Management, Inc. (NYSE:APO ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Noah Gunn - Global Head, Investor Relations Marc Rowan - Chief Executive Officer Scott Kleinman - Co-President Martin Kelly - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Patrick Davitt - Autonomous Research Brennan Hawken - UBS Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Alexander Bernstein - JPMorgan Benjamin Budish - Barclays Operator Good morning, and welcome to Apollo Global Management's Second Quarter 2024 Earnings Conference Call. During today's discussion, all callers will be placed in listen-only mode, and following management's prepared remarks, the conference call will be open for questions.

Apollo Global Management, Inc. (APO) Q2 2024 Earnings Call Transcript

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2024.

Apollo Reports Second Quarter 2024 Results

KATY, Texas and NEW YORK , July 31, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. ("U.S. Silica" or the "Company"), a diversified minerals company and a leading last-mile logistics provider to the oil and gas industry, and Apollo (NYSE: APO) today announced that funds managed by affiliates of Apollo (the "Apollo Funds") have completed the previously announced acquisition of the Company. The Company will continue to operate under the U.S. Silica name and brand and will continue to be led by Bryan Shinn and the existing executive team.

U.S. Silica Completes Transaction with Apollo Funds

Apollo Global Management (NYSE: APO) stock price has done well this year as investors cheer its performance. It has soared by over 31% this year and 50% in the past 12 months.

Apollo Global stock: private credit giant forms a risky pattern

AllianceBernstein Hld

Investors looking for stocks in the Financial - Investment Management sector might want to consider either AllianceBernstein (AB) or Apollo Global Management Inc. (APO). But which of these two stocks is more attractive to value investors?

AB or APO: Which Is the Better Value Stock Right Now?

Evaluate the expected performance of Apollo Global Management (APO) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Apollo Global Management (APO) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has provided a $700 million capital solution to Sony Music Group, an affiliate of Sony Group Corporation (“Sony”), for investments in the music industry.

Apollo Leads $700M Capital Solution for Sony Music Group

Everi

International Game Technology

International Game Technology PLC's stock IGT, +0.10% was up by nearly 18% and Everi Holdings Inc.'s stock EVRI, +4.70% was up by nearly 32% in premarket trading after the two lottery companies agreed to be acquired simultaneously by a new holding company owned by affiliates of Apollo Global Management Inc. APO, -0.05%. The all-cash deal values the gaming businesses at about $6.3 billion on a combined basis.

IGT and Everi rally on $6.3 billion acquisition deal with Apollo

Companies to Move Forward Under Private Ownership Everi Stockholders to Receive $14.25 Per Share in Cash, Representing a Significant Premium for Stockholders; IGT to Receive $4.05 Billion of Gross Cash Proceeds LONDON and LAS VEGAS , July 26, 2024 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") and Everi Holdings Inc. (NYSE: EVRI) ("Everi") today announced that they have entered into definitive agreements whereby IGT's Gaming & Digital business ("IGT Gaming") and Everi will be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) ("Apollo") (the "Apollo Funds") in an all-cash transaction that values the acquired businesses at approximately $6.3 billion on a combined basis. On February 29, 2024, IGT and Everi announced that they had entered into definitive agreements pursuant to which IGT would separate the IGT Gaming business by way of a taxable spin-off to IGT shareholders and then immediately combine such business with Everi.

IGT's Gaming and Digital Business and Everi to Be Acquired Simultaneously by Apollo Funds in All-Cash Transaction

US investment group Apollo has struck a deal to buy UK parcel delivery company Evri, gaining control of a significant competitor to Royal Mail. The acquisition is valued at approximately £2.7 billion, according to sources familiar with the matter.

Apollo to acquire UK parcel delivery company Evri for £2.7 billion

Apollo Global Management (NYSE:APO) is taking British parcel giant Evri (formerly Hermes) off the hands of private equity rival Advent International for £2.7 billion. In announcing the deal, Ranjan Sen, managing partner at Advent International, said: “Since we acquired Evri in 2020, we have invested nearly £200 million in transforming the business and further building out its digital capabilities.

Evri joins Royal Mail in receiving private equity takeover offer

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NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have entered into a definitive agreement with Advent International to acquire Evri, one of the UK's largest parcel delivery companies.

Apollo Funds to Acquire Evri, a Leading UK Parcel Delivery Company, from Advent International

Knox, Indiana, July 24, 2024 (GLOBE NEWSWIRE) -- Mammoth Solar, the Doral Renewables' 1.3-gigawatt project across Starke and Pulaski counties in northwest Indiana, was awarded the Dual Use Plan of the Year award in the first edition of the North American Agrivoltaics Awards in a ceremony during the Solar Farm Summit. The project has been recognized for outstanding excellence in innovation for its dual-use solar development design. This prestigious recognition highlights the project's groundbreaking approach to combining large-scale renewable energy generation with sustainable agricultural practices. Mammoth Solar is set to become one of the largest solar renewable energy facilities in the United States. Mammoth Solar is supported by significant investments in science, agronomy, and local farming communities.

Mammoth Solar Wins the 2024 Dual-Use Plan of the Year at the North American Agrivoltaics Awards

Avantor Inc.

Hibbett Sports

QuidelOrtho Corp

U.S. Silica Holdings

Schneider National

S&P Global

NEW YORK , July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.

Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600

KATY, Texas , July 16, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and a leading last-mile logistics provider to the oil and gas industry, announced today that its previously announced agreement to be acquired by funds managed by affiliates of Apollo (NYSE: APO) ("Apollo"), one of the world's premier investment firms, in an all-cash transaction (the "Merger"), was approved at a special meeting of the Company's stockholders (the "Special Meeting") on July 16, 2024. The closing of the Merger remains subject to the terms and conditions of the agreement.

U.S. Silica Announces Stockholder Approval of Acquisition by Apollo Funds

OMAHA, Neb., July 16, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, was selected as a winner in the Spring 2024 Digital Health Awards ® , a program recognizing the best digital health resources. TeleVox Practice Edition received a Merit award in the Web-Based Digital Health – Portal/Patient Education category.

TeleVox Practice Edition Honored in Spring 2024 Digital Health Awards

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and The Travel Corporation (TTC) today announced they have entered into definitive agreement for Apollo-managed funds (the “Apollo Funds”) to acquire TTC, which has been privately owned and operated for more than a century. The transaction is comprised of 18 leading brands, including Trafalgar, a leading escorted tour operator; Uniworld Boutique River Cruises, a luxury all-inclusive river cruise line; Contiki, youth travel specialist tour company; premium guided vacation company, Insight Vacations; as well as other global travel brands and supporting business entities.

Apollo Funds to Acquire The Travel Corporation

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- PK AirFinance (“PK”), a leading aviation lending platform and affiliate of Apollo (NYSE: APO), has closed its inaugural aircraft loan asset-backed securitization: PK ALIFT LOAN FUNDING 3 Series 2024-1 (“PKAIR 2024-1”). PKAIR 2024-1 issued over $622 million of Notes that will be used to acquire the rights to the economics of a portfolio of aviation loans via the acquisition a 100% series limited partnership interest in a PK-managed origination vehicle.

PK AirFinance Issues Inaugural $622 Million Aviation Loan ABS

Doral Renewables and partners celebrated the upcoming Commercial Operations milestone at the first phase of one of the largest solar energy projects in the US, Mammoth Solar Doral Renewables and partners celebrated the upcoming Commercial Operations milestone at the first phase of one of the largest solar energy projects in the US, Mammoth Solar

Mammoth North Solar Project Celebrates Upcoming Commercial Operations

Apollo Global Management stock remains in a buy zone of a flat base. Shares are near a 52-week high with an earnings report in about a month.

Investment Firm's Stock Still Ripe For The Picking, At Least Funds Think So

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the second quarter 2024 on Thursday, August 1, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo's financial results at 8:30 am ET via public webcast available on Apollo's Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.

News for Apollo Global Management Stock (APO)