Sutherland Asset Management Corporation (SLD) Tops Q1 EPS by 5c

Sutherland Asset Management Corporation (NYSE: SLD) reported Q1 EPS of $0.29, $0.05 better than the analyst estimate of $0.24.

• Net income of $9.6 million, or $0.29 per share of common stock
• Core earnings of $10.9 million, or $0.33 per share of common stock
• Net Book Value of $16.73 per share of common stock as of March 31, 2017
• Originated $148.4 million of small balance commercial ("SBC") loans
• Originated $28.5 million of loans guaranteed by the U.S. Small Business Administration (the "SBA") under its Section 7(a) loan program
• Originated $461.0 million of residential mortgage loans
• Completed a $75.0 million debt offering in February 2017 with the issuance of 7.5% Senior Secured Notes

For earnings history and earnings-related data on Sutherland Asset Management Corporation (SLD) click here.

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