Colony Financial (CLNY) Tops Q2 EPS by 23c

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Colony Capital Announces Second Quarter 2016 Financial Results

August 8, 2016 5:29 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Colony Capital, Inc. (NYSE: CLNY) and subsidiaries (collectively, the Company) today announced financial results for the second quarter ended June 30, 2016 and declared a dividend of $0.40 per share of Class A and Class B common stock for the third quarter of 2016.

Second Quarter 2016 Highlights

Net income attributable to common stockholders of $43.0 million, or $0.38 per basic share. Record level of core funds from operations (Core FFO) of $100.4 million, or $0.75 per basic share; Funds from operations (FFO) of $78.6 million, or $0.58 per basic share.... More