TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended, June 30, 2020
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TPG RE Finance Trust Inc. (TRTX) Tops Q2 EPS by 25c
July 29, 2020 4:55 PM EDTTPG RE Finance Trust Inc. (NYSE: TRTX) reported Q2 EPS of $0.52, $0.25 better than the analyst estimate of $0.27.
SECOND QUARTER 2020 ACTIVITY
Generated GAAP net income attributable to common stockholders of $40.1 million, or $0.52 per diluted common share, based on a weighted average share count of 76.6 million common shares.Increased net interest margin to $44.2 million during the three months ending June 30, 2020 compared to $41.8 million for the three months ended June 30, 2019 and $43.3 million for the three months ended March 31, 2020, an increase of $2.4 million, or 5.7%, over the same period of the prior year, and an... More