Colony Capital (CLNY) Misses Q3 EPS by 2c

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Colony Capital Announces Third Quarter 2020 Financial Results

November 6, 2020 9:00 AM EST

LOS ANGELES--(BUSINESS WIRE)-- Colony Capital, Inc. (NYSE: CLNY) and subsidiaries (collectively, Colony Capital, or the Company) today announced financial results for the third quarter ended September 30, 2020. The Company reported (i) total revenues of $317 million, (ii) GAAP net income attributable to common stockholders of $(206) million, or $(0.44) per share and (iii) Core FFO excluding gains/losses of $4.8 million, or $0.01 per share.

We made terrific progress on our digital transformation this quarter, said Marc Ganzi,... More