RAIT Financial (RAS) Tops Q1 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
RAIT Financial Trust Announces First Quarter 2016 Financial Results
May 9, 2016 8:00 AM EDTPHILADELPHIA--(BUSINESS WIRE)-- RAIT Financial Trust (RAIT) (NYSE: RAS) today announced first quarter 2016 financial results. All per share results are reported on a diluted basis.
Highlights
Cash Available for Distribution (CAD) per share of $0.14 for the quarter ended March 31, 2016 compared to $0.18 for the quarter ended March 31, 2015. We have changed our calculation of CAD to exclude the impact from real estate property sales. See Schedule VI for our definition of CAD and the rationale for this change. GAAP Earnings (loss) per share of $(0.20) for the quarter ended March 31, 2016... More