Colony Starwood Homes (SFR) Misses Q4 EPS by 4c
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Colony Starwood Homes Announces Fourth Quarter and Full Year 2016 Financial and Operating Results
February 27, 2017 4:36 PM ESTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Colony Starwood Homes (NYSE: SFR) (the Company), a leading single-family rental real estate investment trust (REIT), today announced operating and financial results for the three and twelve months ended December 31, 2016. Capitalized terms used herein have the meanings set forth in the Appendix.
Fourth Quarter 2016 Highlights
Total revenues increased to $146.4 million in Q4 2016, driven by Quarterly Same Store revenue growth of 5.4% Occupancy was 95.5% for the Quarterly Same Store cohort of 28,146 homes Net loss of $10.5 million or ($0.10) per share;... More