Apollo Investment Corp. (AINV) Releases Quarterly Earnings Results
Apollo Investment Corp. (NASDAQ:AINV) released its earnings data on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01, AmericanBankingNews.com reports.
On the ratings front, analysts at Zacks downgraded shares of Apollo Investment Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, November 12th. They now have a $9.20 price target on the stock.
Apollo Investment Corporation (NASDAQ:AINV) is a closed-end, non-diversified management investment company that has elected to be treated as a business development company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.