Resource America (REXI) Misses Q2 EPS by 1c

Resource America (NASDAQ: REXI) reported Q2 EPS of $0.15, $0.01 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $25.9 million versus the consensus estimate of $23.26 million.

Assets Under Management

The following table details the Company's gross assets under management by operating segment, which increased by $2.9 billion (15%) from June 30, 2014 to 2015 (in billions):

                                                              June 30,

                                                       ---------------------

                                                          2015       2014

                                                       ---------- ----------

Financial fund management                              $     17.3 $     15.5

Real estate                                                   3.8        2.8

Commercial finance                                            0.7        0.6

                                                       ---------- ----------

                                                       $     21.8 $     18.9

                                                       ========== ==========



  Net assets under management (1)                      $     10.6 $      8.8

                                                       ========== ==========



(1)Net assets under management represents the proportionate share of assets

   managed by the Company after reflecting joint venture arrangements.

For earnings history and earnings-related data on Resource America (REXI) click here.

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