Apollo Global Faces Epstein-Linked Probe as Q4 EPS Seen at $2.03–$2.04
Analysts forecast Q4 2025 EPS of $2.03–$2.04 and fee-related revenue of $1.19–$1.20 billion for Apollo Global, while its stock dropped 5.7% to $126.85 after disclosure of executive discussions with Jeffrey Epstein prompted a Pomerantz LLP securities fraud probe. Apollo reported Q3 2025 GAAP net income of $1.7 billion, or $2.82/share.
1. Q4 2025 Earnings Forecast
Analysts expect Apollo Global to report Q4 EPS of $2.03–$2.04 and core fee-related revenue of $1.19–$1.20 billion, reflecting a projected 24.8%–25% year-over-year revenue jump despite an anticipated 8.6% EPS decline. Consensus revenue estimates have remained near $1.193–$1.20 billion with only modest downward EPS revisions.
2. Investigation and Stock Impact
A Pomerantz LLP investigation into potential securities fraud was launched after revelations that Apollo executives discussed tax arrangements with Jeffrey Epstein, contradicting prior statements of no business dealings. The disclosure triggered a 5.7% stock drop to $126.85, erasing $7.69 per share in market value.
3. Q3 2025 Financial Results
In Q3 2025, Apollo reported GAAP net income attributable to common shareholders of $1.7 billion, or $2.82 per share, up from $787 million, or $1.30 per share, a year earlier. Growth was driven by record $652 million fee-related earnings, robust spread-related earnings and $82 billion of asset inflows, lifting AUM to $908 billion.