TPG RE Finance Trust Inc. (TRTX) Misses Q1 EPS by 1c

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TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2019

April 29, 2019 5:30 PM EDT

NEW YORK--(BUSINESS WIRE)-- TPG RE Finance Trust, Inc. (NYSE: TRTX) (TRTX or the Company) reported its operating results for the quarter ended March 31, 2019. For the first quarter of 2019 GAAP net income was $28.4 million, earnings per diluted common share was $0.42, and book value per common share at March 31, 2019 was $19.73.

FIRST QUARTER 2019 HIGHLIGHTS

-- Generated GAAP net income of $28.4 million, or $0.42 per diluted common share, based on a weighted average share count of 68.3 million common shares, an increase of 1.1 million common shares (1.6%) from the quarter ended December 31, 2018, due to the Companys March 2019 underwritten... More