Apollo Global Stock Dips 3.5% on Q3 Earnings Miss, Expenses Rise Y/Y
Apollo Global Management (APO) reported Q3 2026 adjusted earnings of $2.15 per share, missing the consensus estimate of $2.21, causing shares to dip 3.5%. While segment revenues rose 20% year-over-year to $1.37 billion and fee-generating AUM surged 28% to $880 billion, higher expenses increased 15% year-over-year, offsetting gains. The company carries a Zacks Rank #4 (Sell) rating.