Resource America (REXI) Tops Q1 EPS by 5c

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Resource America, Inc. Reports Operating Results for the First Quarter Ended March 31, 2015

May 7, 2015 7:31 PM EDT

PHILADELPHIA, PA -- (Marketwired) -- 05/07/15 -- Resource America, Inc. (NASDAQ: REXI)

First Quarter 2015 Highlights

Adjusted net income attributable to common shareholders of $2.2 million (see Schedule I) Increased gross assets under management by 16% to $20.6 billion since March 31, 2014 Gross real estate assets under management increased 36% to $3.6 billion Gross financial fund management assets under management increased 12% to $16.3 billion Net assets under management increased 20% to $10.0 billion Book value per common... More