Newcastle Investment (NCT) Reports Q1 AFFO of $0.11/Share

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Newcastle Announces First Quarter 2015 Results

May 8, 2015 7:15 AM EDT

1Q Core Earnings Per Share of $0.12

NEW YORK--(BUSINESS WIRE)-- Newcastle Investment Corp. (NYSE:NCT; Newcastle, the Company) today reported the following information for the quarter ended March 31, 2015.

FIRST QUARTER FINANCIAL HIGHLIGHTS

Core Earnings of $8 million, or $0.12 per WA basic share Adjusted Funds from Operations (AFFO) of $7 million, or $0.11 per WA basic share GAAP Loss of $2 million, or $0.03 per WA basic share Depreciation and amortization of $9 million, or $0.14 per WA basic share*

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