Jefferson Capital Interests (JCAP) Reports Q2 EPS of $0.99

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Jernigan Capital Announces $0.89 Earnings Per Share and $0.99 Adjusted Earnings Per Share For Second Quarter; Increases Annual Guidance

August 2, 2016 5:00 PM EDT

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Jernigan Capital, Inc. (NYSE: JCAP) today announced results for the quarter ended June 30, 2016, updated annual earnings guidance, and issued earnings guidance for the third quarter. Key highlights for the quarter include:

Earnings per share of $0.89 and adjusted earnings per share of $0.99, reflecting significant increases over first quarter 2016; Book value per share increased $0.74, or 4.5%, to $17.04 at June 30, 2016; and Increased full-year 2016 earnings per share and adjusted earnings per share guidance by an average of 140% and 95%, respectively; issued earnings per share and adjusted earnings per share... More