iStar Financial (STAR) Tops Q2 EPS by 15c
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iStar Reports Second Quarter 2020 Results and Adds Additional Board Member
August 6, 2020 7:30 AM EDTNEW YORK, Aug. 6, 2020 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the second quarter ended June 30, 2020. Â
Highlights include:
Growing intrinsic value of Safehold portfolio as interest rates decline Continued recycling of legacy assets into lower risk investments Strong balance sheet with approximately $422 million of current cash and revolver availability Net income (loss) of ($0.31) per diluted common share Adjusted earnings (loss) of ($0.04) per diluted common share Subsequent to the end of the quarter, the Board of Directors... More