Starwood Property Trust (STWD) Tops Q3 EPS by 1c

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Go back to Starwood Property Trust (STWD) Tops Q3 EPS by 1c

Starwood Property Trust Reports Results for the Quarter Ended September 30, 2021

November 9, 2021 7:00 AM EST

GREENWICH, Conn., Nov. 9, 2021 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended September 30, 2021.  The Company's third quarter 2021 GAAP net income was $128.6 million, or $0.44 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $155.1 million, or $0.52 per diluted share.

"We have been telling you for years about the significant unrealized gains in our property portfolio which highlights the uniqueness of our diversified platform and differentiates us from our peers.  We are pleased to announce that after quarter end, we established a new... More