Newcastle Investment (NCT) Misses Q1 EPS by 8c

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Newcastle Announces First Quarter 2016 Results

May 10, 2016 6:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Newcastle Investment Corp. (NYSE:NCT; Newcastle, the Company) today reported the following information for the quarter ended March 31, 2016.

FIRST QUARTER FINANCIAL HIGHLIGHTS

Core Earnings of $3 million, or $0.05 per basic share Adjusted Funds from Operations (AFFO) of $81 million, or $1.21 per basic share GAAP Income of $72 million, or $1.08 per basic share

FIRST QUARTER & SUBSEQUENT HIGHLIGHTS

Real Estate Debt Portfolio As of March 31, 2016, the real estate debt portfolio asset face amount was $640... More

Newcastle Schedules First Quarter 2016 Earnings Release and Conference Call

May 6, 2016 5:00 PM EDT

NEW YORK--(BUSINESS WIRE)-- Newcastle Investment Corp. (NYSE: NCT) (Newcastle or the Company) announced today that it will release its first quarter financial results for the period ended March 31, 2016 on Tuesday, May 10, 2016 prior to the opening of the New York Stock Exchange.

In addition, management will host a conference call on Tuesday, May 10, 2016 at 9:00 A.M. Eastern Time. A copy of the earnings release will be posted... More