NewStar Financial, Inc. (NEWS) Misses Q1 EPS by 10c; Authorizes $10M Buyback

May 4, 2011 6:47 AM EDT
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Price: $11.98 --0%

Financial Fact:
Fee income: 2.95M

Today's EPS Names:
OTLK, EGRX, MOVE, More
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NewStar Financial, Inc. (Nasdaq: NEWS) reported Q1 EPS of $0.02, $0.10 worse than the analyst estimate of $0.12.

NewStar's Board of Directors has authorized the repurchase of up to $10 million of the company's common stock from time to time on the open market or in privately negotiated transactions.


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Earnings, Stock Buybacks