Colony Capital (CLNY) Reports Q1 Loss of $0.04/sh

Go back to Colony Capital (CLNY) Reports Q1 Loss of $0.04/sh

Colony Capital Announces First Quarter 2020 Financial Results

May 8, 2020 7:30 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- Colony Capital, Inc. (NYSE: CLNY) and subsidiaries (collectively, Colony Capital, or the Company) today announced financial results for the first quarter ended March 31, 2020.

Total revenues of $508 million GAAP net loss attributable to common stockholders of $(361.6) million, or $(0.76) per share, which included $313 million of non-cash impairments Core FFO of $(20.0) million, or $(0.04) per share Core FFO of $2.3 million excluding net losses of $22.3 million primarily attributable to net investment losses in Other Equity & Debt Colony achieved further milestones in its digital evolution, most notably by closing... More