Great Ajax Corp (AJX) Tops Q2 EPS by 3c

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Go back to Great Ajax Corp (AJX) Tops Q2 EPS by 3c

Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2020

August 4, 2020 4:05 PM EDT

Second Quarter Highlights

Interest income of $23.7 million; net interest income after reversal of provision for credit losses of $15.0 million as a result of better than expected loan performance and the related impact on future repayment rates Net income attributable to common stockholders of $6.2 million Basic earnings per common share (EPS) of $0.27 Book value per common share of $15.20 at June 30, 2020 Taxable income of $(0.09) per common share Collected total cash of $57.8 million from loan payments, sales of real estate owned ("REO") and investments in debt securities and beneficial... More