Apollo Global Management Inc
APO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| DZY | LOCK|!$v!Q | LOCK|w?n>f$ |
Apollo Earnings: Slightly Below Expectations; Shares Modestly Undervalued
Apollo Global Management exited September with $880.0 billion in fee-earning assets, up 2.6% sequentially and 28.5% year over year. While fee-related earnings increased 23.0% year over year to $802 million, adjusted net income declined 3.3% to $1.3 billion in the third quarter.
