iStar Reports First Quarter 2020 Results

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iStar Financial (STAR) Tops Q1 EPS by 2c

April 30, 2020 7:37 AM EDT

iStar Financial (NYSE: STAR) reported Q1 EPS of $0.14, $0.02 better than the analyst estimate of $0.12.

Highlights include:

Unrealized gains on Safehold investment increased over $500 million year-to-dateStrong balance sheet with approximately $435 million of current cash and revolver availabilityContinued monetization of legacy assets,... More