iStar Financial (STAR) Tops Q4 EPS by $1.08

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Go back to iStar Financial (STAR) Tops Q4 EPS by $1.08

iStar Reports Fourth Quarter and Fiscal Year 2021 Results

February 24, 2022 7:30 AM EST

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2021.

Highlights from the earnings announcement include:

Net income of $7.1 million, or $0.11 per diluted common share, in Q4 '21 and $109.0 million, or $1.51 per diluted common share, for FY '21 Adjusted earnings of $68.9 million, or $0.87 per diluted common share, in Q4 '21 and $244.9 million, or $3.12 per diluted common share, for FY '21 $140 million of proceeds from legacy and strategic asset sales in Q4... More