iStar Financial (STAR) Reports Q2 EPS of $2.28
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iStar Announces Second Quarter 2017 Results
August 3, 2017 7:00 AM EDTNEW YORK, Aug. 3, 2017 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the quarter ended June 30, 2017.
Highlights
Net income and adjusted income for the second quarter was $2.04 and $2.28, respectively, per diluted common share. Successful IPO of Safety, Income & Growth Inc. (NYSE: SAFE), the first publicly traded company exclusively focused on ground leases. Largest shareholder of SAFE (28% of shares outstanding). SAFE transactions generated a $179 million economic gain for iStar, comprised of: $123 million... More