Colony Financial (CLNY) Misses Q1 EPS by 9c

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Colony Capital Announces First Quarter 2016 Financial Results

May 9, 2016 8:30 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- Colony Capital, Inc. (NYSE: CLNY) and subsidiaries (collectively, the Company) today announced financial results for the first quarter ended March 31, 2016 and declared a dividend of $0.40 per share of Class A and Class B common stock for the second quarter of 2016.

First Quarter 2016 Highlights

Core funds from operations (Core FFO) of $56.0 million, or $0.41 per basic share; Funds from operations (FFO) of $36.7 million, or $0.27 per basic share. Declared and paid a first quarter dividend of $0.40 per share of Class A and Class B... More