iStar Financial (STAR) Tops Q4 EPS by 9c

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iStar Reports Fourth Quarter and Fiscal Year 2020 Results

February 23, 2021 7:30 AM EST

NEW YORK, Feb. 23, 2021 /PRNewswire/ --

iStar Inc. (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2020.

iStar highlights include:

Net income (loss) per diluted common share of ($0.26) and ($0.87) for the three months and twelve months ended December 31, 2020, respectively Adjusted earnings per diluted common share of $0.15 and $0.54 for the three months and twelve months ended December 31, 2020, respectively Unrealized gain on Safehold investment increased by $1.0 billion in 2020 to $1.6 billion total  $191 million of legacy asset sales proceeds in 2020 20% net... More