Colony Capital (CLNY) Reports Q2 FFO Loss of $0.29/sh

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Colony Capital Announces Second Quarter 2020 Financial Results

August 7, 2020 9:00 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 second quarter ended June 30, 2020. The Company reported (i) total revenues of $372 million, (ii) GAAP net income attributable to common stockholders of $(2,043) million, or $(4.33) per share and (iii) Core FFO of $(19.3) million or $(0.04) per share, excluding gains/losses, which excludes $2.1 billion CLNY OP share of non-cash impairments and other... More