Jernigan Capital (JCAP) Tops Q3 EPS by 22c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

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Go back to Jernigan Capital (JCAP) Tops Q3 EPS by 22c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

Jernigan Capital Reports Third Quarter Earnings per Share and Adjusted Earnings per Share at Top End of Guidance Range

October 31, 2018 4:05 PM EDT

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Jernigan Capital, Inc. (NYSE: JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended September 30, 2018, and reaffirmed earnings per share and adjusted earnings per share guidance for full-year 2018.

Third Quarter Highlights include:

Earnings per share and adjusted earnings per share of $0.57 and $0.75, respectively results are at the top end of guidance ranges provided with the Companys second quarter 2018 earnings release. Quarterly net income attributable to common stockholders of $11.2 million represents a 169% increase over $4.1 million reported... More