Newcastle Investment (NCT) Reports Q2 FFO of $0.16
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Newcastle Announces Second Quarter 2016 Results
August 9, 2016 6:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Newcastle Investment Corp. (NYSE:NCT; Newcastle, the Company) today reported the following information for the second quarter ended June 30, 2016.
SECOND QUARTER FINANCIAL HIGHLIGHTS(A)
GAAP Income of $2 million, or $0.02 per basic share Core Earnings of $14 million, or $0.21 per basic share Adjusted Funds from Operations (AFFO) of $11 million, or $0.16 per basic shareSECOND QUARTER AND SUBSEQUENT HIGHLIGHTS
Real Estate Debt Portfolio As of June 30, 2016, the real estate... More