TPG RE Finance Trust Inc. (TRTX) Misses Q3 EPS by 2c

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TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2018

November 5, 2018 4:41 PM EST

NEW YORK--(BUSINESS WIRE)-- TPG RE Finance Trust, Inc. (NYSE: TRTX) (TRTX or the Company) reported its operating results for the quarter ended September 30, 2018. For the third quarter of 2018 GAAP net income was $26.8 million, earnings per diluted common share was $0.42, and book value per common share at September 30, 2018 was $19.78.

THIRD QUARTER 2018 HIGHLIGHTS

-- Generated GAAP net income of $26.8 million, or $0.42 per diluted common share, based on a weighted average share count of 64.3 million common shares, an increase of 4.1 million common shares (6.8%) due to the Companys August 2018 underwritten public offering of common stock... More