Colony NorthStar Credit Real Estate, Inc. (CLNC) Misses Q3 EPS by 5c

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Go back to Colony NorthStar Credit Real Estate, Inc. (CLNC) Misses Q3 EPS by 5c

Colony Credit Real Estate, Inc. Announces Third Quarter 2018 Financial Results

November 6, 2018 8:30 AM EST

LOS ANGELES--(BUSINESS WIRE)-- Colony Credit Real Estate, Inc. (NYSE: CLNC) (Colony Credit Real Estate or the Company) today announced its financial results for the third quarter ended September 30, 2018.

Third Quarter 2018 Significant Developments and Subsequent Events

Third quarter 2018 GAAP net loss attributable to common stockholders of $52.7 million, or $0.42 per diluted share, and core earnings of $38.8 million, or $0.30 per diluted share. Excluding a $6.9 million loss related to mark-to-market adjustments on real estate private equity investments, core earnings of $45.7 million, or $0.35 per diluted share... More