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

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

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