Great Ajax: 3Q Earnings Snapshot
BEAVERTON, Ore. (AP) _ Great Ajax Corp. (AJX) on Tuesday reported third-quarter earnings of $6.6 million.
On a per-share basis, the Beaverton, Oregon-based company said it had net income of 34 cents. Earnings, adjusted to extinguish debt, came to 37 cents per share.
The real estate investment trust posted revenue of $14.8 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $15.2 million.
Great Ajax shares have declined roughly 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.28, a decrease of 3 percent in the last 12 months.