iStar Financial (STAR) Misses Q4 EPS by 46c

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iStar Reports Fiscal Year and Fourth Quarter 2019 Results

February 24, 2020 7:30 AM EST

NEW YORK, Feb. 24, 2020 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the fiscal year and fourth quarter ended December 31, 2019.

iStar highlights include:

Net income (loss) per diluted common share of $3.73 and ($0.71) for the twelve months and three months ended December 31, 2019, respectivelyAdjusted income (loss) per diluted common share of $3.72 and ($0.44) for the twelve months and three months ended December 31, 2019, respectivelyMarket value of Safehold investment at year-end represented an unrealized gain of over $500 million... More