IStar: Q1 Earnings Snapshot : vimarsana.com

IStar: Q1 Earnings Snapshot


IStar: Q1 Earnings Snapshot
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NEW YORK (AP) _ IStar Financial Inc. (STAR) on Thursday reported first-quarter net income of $5.5 million, after reporting a loss in the same period a year earlier.
The New York-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs and stock option expense, were 30 cents per share.
The commercial real estate finance company posted revenue of $113.3 million in the period.
IStar shares have climbed 23% since the beginning of the year. The stock has risen 93% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STAR at https://www.zacks.com/ap/STAR

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