iStar Reports Third Quarter 2020 Results

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iStar Financial (STAR) Tops Q3 EPS by 24c

November 3, 2020 7:36 AM EST

iStar Financial (NYSE: STAR) reported Q3 EPS of $0.29, $0.24 better than the analyst estimate of $0.05.

Highlights include:

Unrealized gain on Safehold investment increased to $1.2 billionContinued recycling of legacy assets into lower risk investmentsStrong balance sheet with weighted average debt maturity profile of... More