Jernigan Capital (JCAP) Tops Q4 EPS by 30c, Revenues Beat
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Jernigan Capital Reports Full-Year Earnings per Share and Adjusted Earnings per Share Above Midpoint of Guidance Range; Introduces 2019 Guidance
February 27, 2019 4:01 PM ESTMEMPHIS, Tenn.--(BUSINESS WIRE)-- Jernigan Capital, Inc. (NYSE: JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter and year ended December 31, 2018 and introduced earnings per share and adjusted earnings per share guidance for 2019.
Fourth Quarter Highlights include:
Earnings per share and adjusted earnings per share of $0.87 and $1.04, respectively. Continued transition to property ownership by purchasing the developer partners interest in New York City 1 facility the Companys seventh wholly-owned self-storage property. Completed construction... More