iStar Financial (STAR) Reports Q4 EPS of $0.34

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Go back to iStar Financial (STAR) Reports Q4 EPS of $0.34

iStar Announces Fourth Quarter and Fiscal Year 2015 Results

February 25, 2016 7:01 AM EST

NEW YORK, Feb. 25, 2016 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2015.

Fourth Quarter 2015 Results

iStar reported adjusted income allocable to common shareholders for the fourth quarter of $38.5 million, or $0.34 per diluted common share, an increase from $28.3 million, or $0.26 per diluted common share for the fourth quarter 2014.

Adjusted income represents net income computed in accordance with GAAP, prior to the effects of certain non-cash items. Please see the financial tables that follow the text of this press release for the... More