Arbor Realty Trust (ABR) Misses Q4 EPS by 2c

Go back to Arbor Realty Trust (ABR) Misses Q4 EPS by 2c

Arbor Realty Trust Reports Fourth Quarter and Full Year 2019 Results and Declares Common Stock Dividend

February 14, 2020 8:15 AM EST

Fourth Quarter Highlights:

GAAP net income of $0.34 per diluted common shareAFFO per diluted common share of $0.34, excluding a one-time loss from the early repayment of debt and gains from derivative instruments1Raised $250.7 million of accretive growth capital through the issuance of common stock and senior unsecured notesIssued $264.0 million of 4.75% convertible senior notes due 2022 to exchange our 5.25% convertible senior notesDeclares a cash dividend on common stock of $0.30 per share, 11% higher than a year ago

Agency... More