NorthStar Asset Management (NSAM) Misses Q3 EPS by 4c
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November 8, 2016 7:00 AM EST
NEW YORK, Nov. 8, 2016 /PRNewswire/ --
Third Quarter 2016 Highlights
U.S. GAAP net income to common stockholders of $24.8 million, or $0.13 per diluted share and cash available for distribution ("CAD") of $49.1 million, or $0.26 per share
Third quarter 2016 cash dividend of $0.10 per common share
Raised $381 million of capital in retail business year-to-date 2016, including $93 million during the third quarter 2016
Total assets of managed companies as of September 30, 2016 of approximately $39.3 billion, adjusted for sales, acquisitions and commitments to sell or acquire investments by our managed companies...
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November 8, 2016 7:00 AM EST
NEW YORK, Nov. 8, 2016 /PRNewswire/ --Â
Third Quarter 2016 Highlights
U.S. GAAP net (loss) to common stockholders of ($100.4) million, or ($0.56) per diluted share and cash available for distribution ("CAD") of $83.5 million, or $0.46 per share.
Third quarter 2016 cash dividend of $0.40 per common share.
To date total of $6.6 billion of asset monetizations completed or under contract, generating $2.5 billion of liquidity
$2.8 billion of completed asset monetizations which generated $1.4 billion of liquidity, including $667 million of assets sold and $416 million of liquidity generated in the third quarter 2016...
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