Starwood Property Trust (STWD) Tops Q4 EPS by 2c

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Starwood Property Trust Reports Results for the Quarter and Year Ended December 31, 2017

February 28, 2018 6:45 AM EST

GREENWICH, Conn., Feb. 28, 2018 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter and year ended December 31, 2017.  The Company's fourth quarter 2017 GAAP net income was $92.6 million, or $0.35 per diluted share, and $400.8 million, or $1.52 per diluted share, for the full year.  Core Earnings (a non-GAAP financial measure) for the fourth quarter was $144.7 million, or $0.55 per diluted share and $584.2 million, or $2.23 per diluted share, for the full year.

"We are very pleased with our performance in 2017.  Each of our business lines continued to perform exceedingly well,... More