Silver Bay Realty Trust (SBY) Tops Q2 EPS by 3c

Silver Bay Realty Trust (NYSE: SBY) reported Q2 EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $30.2 million versus the consensus estimate of $29.03 million.

“We are pleased with the strong second quarter results,” said David N. Miller, Silver Bay’s President and Chief Executive Officer. “We demonstrated significant growth in both financial and operating metrics this quarter and successfully integrated The American Home Portfolio. We will continue to refine and execute our strategy to drive value creation for our stockholders.”

For earnings history and earnings-related data on Silver Bay Realty Trust (SBY) click here.

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