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IStar: 2Q Earnings Snapshot

August 1, 2019

NEW YORK (AP) _ IStar Financial Inc. (STAR) on Thursday reported second-quarter profit of $370.8 million.

On a per-share basis, the New York-based company said it had profit of $4.55. Earnings, adjusted for non-recurring gains, came to $3.98 per share.

The commercial real estate finance company posted revenue of $98.5 million in the period.

IStar shares have risen 47% since the beginning of the year. The stock has risen 24% 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 STAR at https://www.zacks.com/ap/STAR

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