iStar Financial (STAR) Reports Q2 EPS of $0.56

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Go back to iStar Financial (STAR) Reports Q2 EPS of $0.56

iStar Announces Second Quarter 2016 Results

August 4, 2016 7:00 AM EDT

NEW YORK, Aug. 4, 2016 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the second quarter ended June 30, 2016.

Second Quarter 2016 Results

iStar reported net income allocable to common shareholders for the second quarter of $38.1 million, or $0.37 per diluted common share, compared to a loss of $(31.0) million, or $(0.36) per diluted common share for the second quarter 2015.

Adjusted income allocable to common shareholders for the second quarter was $61.1 million, or $0.56 per diluted common share, an increase from $9.1 million, or $0.11 per diluted common share for the second quarter 2015.... More