NorthStar Realty Europe: 2Q Earnings Snapshot
Aug. 07, 2018
NEW YORK (AP) _ NorthStar Realty Europe Corp. (NRE) on Tuesday reported second-quarter net income of $36 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the New York-based company said it had net income of 66 cents. Earnings, adjusted for non-recurring gains, were 22 cents per share.
The real estate investment trust posted revenue of $31 million in the period.
NorthStar Realty Europe shares have risen nearly 1 percent since the beginning of the year. The stock has increased nearly 5 percent in the last 12 months.