Great Ajax: 2Q Earnings Snapshot
BEAVERTON, Ore. (AP) _ Great Ajax Corp. (AJX) on Tuesday reported second-quarter net income of $13 million.
The Beaverton, Oregon-based company said it had net income of 56 cents per share. Earnings, adjusted for non-recurring gains, came to 31 cents per share.
The real estate investment trust posted revenue of $20.7 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $14.9 million.
Great Ajax shares have risen 14% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.71, a rise of almost 2% in the last 12 months.