More on Apollo Q1 results

|About: Apollo Global Management... (APO)|By:, SA News Editor

After-tax economic net income of $219M or $0.55 per share vs. $764M or $1.95 one year ago.

AUM of $159.3B vs. $114.3B

Q1 distribution declared of $0.84 per share - $0.15 is the regular quarterly payment and the rest from realizations and management fees.

Decline in ENI comes as incentive business total carried interest falls to $160.9M from $955.7M. Total private equity segment ENI of $111M falls from $660.4M.

Credit segment ENI of $161.8M rises from $132.8M.

Real estate segment economic net loss of $3.5M rises from loss of $900K.

CC at 11 ET

Previously: Apollo Global Management misses by $0.06, misses on revenue

APO +0.3% premarket