Starwood Property Trust (STWD) Tops Q2 EPS by 1c, Revenues Miss

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Go back to Starwood Property Trust (STWD) Tops Q2 EPS by 1c, Revenues Miss

Starwood Property Trust Reports Results for the Quarter Ended June 30, 2020

August 5, 2020 7:00 AM EDT

GREENWICH, Conn., Aug. 5, 2020 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2020.  The Company's second quarter 2020 GAAP net income was $139.7 million, or $0.49 per diluted share, and Core Earnings (a non-GAAP financial measure) was $126.1 million, or $0.43 per diluted share.

"It is a difficult time to figure out the right balance between playing offense and defense as this Category 5 hurricane that we call the Coronavirus sweeps through the U.S. and the global economies. Since March, we have erred on the... More