iStar Financial (STAR) Tops Q4 EPS by 22c

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iStar Reports Fourth Quarter and Fiscal Year 2018 Results

February 25, 2019 7:00 AM EST

NEW YORK, Feb. 25, 2019 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2018.

The Company reported a fourth quarter net loss of ($115.5) million, or ($1.70) per share and adjusted income of $42.6 million, or $0.53 per share. In fiscal year 2018, the Company reported a net loss of ($64.8) million, or ($0.95) per share and adjusted income of $222.3 million or $2.76 per share.

"We've begun the process of implementing a new go-forward corporate strategy to combine iStar's strength in... More