iStar Financial (STAR) Tops Q1 EPS by 19c
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iStar Reports First Quarter 2021 Results
April 29, 2021 7:30 AM EDTNEW YORK, April 29, 2021 /PRNewswire/ --Â iStar Inc. (NYSE: STAR) today reported results for the first quarter ended March 31, 2021.
Highlights for the quarter include:
Net income (loss) of ($0.4) million or ($0.01) per diluted common share Adjusted earnings of $22.7 million or $0.30 per diluted common share $56 million of legacy asset sales proceeds 6% net reduction of legacy asset portfolioSafehold position totals 34.8 million shares, representing $2.4 billion in market value at quarter end"In the first quarter we continued to scale the... More
