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Starwood Property Trust (STWD) Q1 2021 Earnings Call Transcript

Operator Greetings. Welcome to the Starwood Property Trust first-quarter 2021 earnings conference call. [Operator instructions] Please note, this conference is being recorded. I will now turn the call over to your host, Zach Tanenbaum, director of investor relations. Zach Tanenbaum Director of Investor Relations Thank you, operator. Good morning, and welcome to Starwood Property Trust earnings call. This morning, the company released its financial results for the quarter ended March 31, 2021, filed its Form 10-Q with the Securities and Exchange Commission and posted its earnings supplement to its website. These documents are available on the investor relations section of the company s website at www.starwoodpropertytrust.com.

Starwood Property Trust: Q1 Earnings Snapshot

Starwood Property Trust: Q1 Earnings Snapshot May 6, 2021 FacebookTwitterEmail GREENWICH, Conn. (AP) Starwood Property Trust Inc. (STWD) on Thursday reported first-quarter net income of $111.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Greenwich, Connecticut-based company said it had net income of 38 cents. Earnings, adjusted for one-time gains and costs, came to 50 cents per share. The commercial real estate investment trust posted revenue of $287.2 million in the period. Starwood Property Trust shares have climbed 31% since the beginning of the year. The stock has increased 87% in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STWD at https://www.zacks.com/ap/STWD

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