RAIT Financial (RAS) Misses Q4 EPS by 3c
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RAIT Financial Trust Announces Fourth Quarter and Fiscal 2015 Financial Results
February 25, 2016 8:00 AM ESTPHILADELPHIA--(BUSINESS WIRE)-- RAIT Financial Trust (RAIT) (NYSE: RAS) today announced fourth quarter and fiscal 2015 financial results. All per share results are reported on a diluted basis.
Highlights
Cash Available for Distribution (CAD) per share of $0.28 for the quarter ended December 31, 2015 and $1.11 for the year ended December 31, 2015. CAD per share, without real estate gains, of $0.19 for the quarter ended December 31, 2015 and $0.78 for the year ended December 31, 2015. Earnings per share of $0.02 for the quarter ended December 31, 2015 and $0.08 for the year ended December 31, 2015. Investments in mortgages and loans, at cost,... More