RAIT Financial (RAS) Reports Q4 FFO of $0.05

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RAIT Financial Trust Announces Fourth Quarter and Fiscal 2016 Financial Results

February 24, 2017 7:35 AM EST

PHILADELPHIA--(BUSINESS WIRE)-- RAIT Financial Trust (RAIT) (NYSE: RAS) today announced fourth quarter and fiscal 2016 financial results. All per share results are reported on a diluted basis.

Results for the Quarter

GAAP Earnings per share of $0.17 for the quarter ended December 31, 2016 compared to earnings per share of $0.02 for the quarter ended December 31, 2015. Cash Available for Distribution (CAD) per share of $0.07 for the quarter ended December 31, 2016 compared to $0.19 per share for the quarter ended December 31, 2015.

Results for the Year

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