Sutherland Asset Management Corporation (SLD) Tops Q1 EPS by 10c

Sutherland Asset Management Corporation (NYSE: SLD) reported Q1 EPS of $0.47, $0.10 better than the analyst estimate of $0.37.

First Quarter Highlights:

• Net income of $18.5 million, or $0.56 per share of common stock
• Core earnings of $15.5 million, or $0.47 per share of common stock
• Adjusted net book value of $16.88 per share of common stock as of March 31, 2018
• Originated $211.6 million of small balance commercial ("SBC") loans
• Originated $48.3 million of loans guaranteed by the U.S. Small Business Administration (the "SBA") under its Section 7(a) loan program
• Originated $439.0 million of residential mortgage loans
• Acquired $142.2 million of SBC loans

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

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