Arbor Realty Trust Q3 Revenue Drops 28.2% to $112.4M
Arbor Realty Trust’s Q3 revenue fell to $112.4 million, down 28.2% year over year, missing analysts’ revenue expectations despite an EPS beat. Analysts forecast Q4 revenue to decline 20.3% year over year, as shares have slid 7.4% in the past month with an $8.88 average price target.
1. Q3 Financial Results
Arbor Realty Trust reported Q3 revenue of $112.4 million, a 28.2% year-over-year decline, missing analysts’ consensus by a notable margin. The company, however, delivered EPS above estimates, driven by cost controls within its agency lending division.
2. Q4 Revenue Outlook
Analysts project Q4 revenue to fall by 20.3% year-over-year, mirroring the previous quarter’s downturn. Consensus estimates have held steady over the last 30 days, reflecting expectations of continued headwinds in mortgage finance.
3. Peer Performance and Share Movement
Flagstar Financial posted a 3% revenue decline in Q4 but beat estimates by 3.2%, while Columbia Financial reported a 236% revenue surge topping forecasts by 12.7%. Over the past month, ABR’s share price declined 7.4%, trading below an $8.88 average analyst price target.