Starwood Property Trust (STWD) Reports In-Line Q2 EPS

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Go back to Starwood Property Trust (STWD) Reports In-Line Q2 EPS

Starwood Property Trust Reports Results for the Quarter Ended June 30, 2016

August 4, 2016 6:57 AM EDT

GREENWICH, Conn., Aug. 4, 2016 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2016.  The Company's second quarter 2016 GAAP net income was $111.5 million, or $0.47 per diluted share, and Core Earnings (a non-GAAP financial measure) was $119.9 million, or $0.50 per diluted share. 

"We are pleased with our strong performance this quarter, driven by significant contributions from each of our business segments. Despite a volatile market backdrop in the first half of the year, including an uncertain domestic economic and geopolitical environment, we deployed $2.5 billion of... More