Starwood Property Trust (STWD) Reports In-Line Q3 EPS
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Starwood Property Trust Reports Results for the Quarter Ended September 30, 2019
November 8, 2019 7:00 AM ESTGREENWICH, Conn., Nov. 8, 2019 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended September 30, 2019. The Company's third quarter 2019 GAAP net income was $140.4 million, or $0.49 per diluted share, and Core Earnings (a non-GAAP financial measure) was $152.6 million, or $0.52 per diluted share.
"We had another strong quarter, with over $2.5 billion of capital deployed across all our segments, including $1.2 billion in Commercial Lending. Notably, our non-agency residential lending business continued to expand with purchases of over $600 million of loans and the completion of our fourth and largest... More
