iStar Financial (STAR) Misses Q3 EPS by 13c

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Go back to iStar Financial (STAR) Misses Q3 EPS by 13c

iStar Reports Third Quarter 2019 Results

October 31, 2019 8:00 AM EDT

NEW YORK, Oct. 31, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the third quarter ended September 30, 2019.

Highlights include:

Net income (loss) per diluted common share of ($0.12) and $4.26 for the three months and nine months ended September 30, 2019, respectively Adjusted income per diluted common share of $0.06 and $4.04 for the three months and nine months ended September 30, 2019, respectively Market value of Safehold investment represents an unrealized gain of over $300 million Refinanced $675 million of senior unsecured notes, lowering cost of debt and... More