Starwood Property Trust (STWD) Tops Q2 EPS by 1c, Revenues Beat
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Starwood Property Trust Reports Results for the Quarter Ended June 30, 2018
August 8, 2018 7:00 AM EDTGREENWICH, Conn., Aug. 8, 2018 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2018. The Company's second quarter 2018 GAAP net income was $109.2 million, or $0.40 per diluted share, and Core Earnings (a non-GAAP financial measure) was $148.4 million, or $0.54 per diluted share.
"I am very pleased with the performance of our Company this quarter, with every business line continuing to perform at or above our expectations. The majority of our earnings are still derived from our primary line of business, real estate lending, where... More
