Starwood Property Trust (STWD) Reports In-Line Q4 EPS, Revenues Miss

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Starwood Property Trust Reports Results for the Quarter and Year Ended December 31, 2018

February 28, 2019 7:01 AM EST

GREENWICH, Conn., Feb. 28, 2019 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter and year ended December 31, 2018.  The Company's fourth quarter 2018 GAAP net income was $92.1 million, or $0.33 per diluted share, and $385.8 million, or $1.42 per diluted share, for the full year.  Core Earnings (a non-GAAP financial measure) for the fourth quarter was $155.4 million, or $0.54 per diluted share and $608.1 million, or $2.19 per diluted share, for the full year. 

"As we approach our ten year anniversary as a public company, we are proud to have created a... More