Colony Credit Real Estate (CLNC) Tops Q4 EPS by 5c

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Colony Credit Real Estate, Inc. Announces Fourth Quarter and Full Year 2020 Financial Results

February 24, 2021 4:05 PM EST

LOS ANGELES--(BUSINESS WIRE)-- Colony Credit Real Estate, Inc. (NYSE: CLNC) (Colony Credit Real Estate or the Company) today announced its financial results for the fourth quarter and full year ended December 31, 2020 and certain updates. The Company reported fourth quarter 2020 total Company GAAP net loss attributable to common stockholders of $(52.5) million, or $(0.41) per share, and total Company Distributable Loss of $(25.7) million, or $(0.20) per share. Excluding realized gains and losses on sales and fair value adjustments, total Company Adjusted Distributable Earnings of $26.1 million, or $0.20 per share. As of December 31, 2020, total Company GAAP net book value of... More