August 2, 2018 / 11:28 AM / 17 days ago

REFILE-Apollo posts weaker-than-expected Q2 earnings per share

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NEW YORK, Aug 2 (Reuters) - Alternative asset manager Apollo Global Management LLC said on Thursday second-quarter economic net income fell 40.9 percent from a year ago to $108.5 million.

Quarterly economic net income per share came in at 27 cents, missing analysts’ expectations for 54 cents, according to Thomson Reuters I/B/E/S, and compared to 46 cents a year earlier. (Reporting by Joshua Franklin in New York Editing by Nick Zieminski)

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