Benzinga | Oct 30, 2020 08:17AM EDT

Arbor Realty Trust Q3 EPS $0.50 Beats $0.33 Estimate, Sales $40.22M Miss $42.27M Estimate

Arbor Realty Trust (NYSE:ABR) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.33 by 51.52 percent. This is a 38.89 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $40.22 million which missed the analyst consensus estimate of $42.27 million by 4.85 percent. This is a 23.96 percent increase over sales of $32.45 million the same period last year.