Colony Financial (CLNY) Misses Q1 EPS by 19c

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Colony Capital Announces First Quarter 2015 Financial Results

May 6, 2015 4:17 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Colony Capital, Inc. (NYSE: CLNY) (the Company) today announced financial results for the first quarter ended March 31, 2015 and declared a dividend of $0.37 per share of Class A and Class B common stock for the second quarter of 2015.

First Quarter 2015 Highlights

Core Earnings of $34.6 million, or $0.31 per basic share; excluding transaction expenses primarily relating to the combination with Colony Capital, LLC, Core Earnings were $49.2 million, or $0.45 per basic share. Introducing core funds from operations (Core FFO) of $53.6 million, or $0.49 per basic share.... More