Colony NorthStar, Inc. (CLNS) Misses Q4 FFO by 19c

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Colony NorthStar Announces Fourth Quarter and Full Year 2017 Financial Results

March 1, 2018 6:30 AM EST

LOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Colony NorthStar, Inc. (NYSE: CLNS) and subsidiaries (collectively, Colony NorthStar, or the Company) today announced its financial results for the fourth quarter and full year ended December 31, 2017 and certain financial updates.

Fourth quarter 2017 net loss attributable to common stockholders of $(368.1) million, or $(0.69) per share, and full year 2017 net loss attributable to common stockholders of $(333.1) million, or $(0.64) per share, which included a $375 million write-down of goodwill and intangibles related to our retail investment management business Fourth quarter 2017 Core FFO of $95.1 million, or $0.16 per share,... More