Click to copy
Click to copy

NorthStar Realty Europe: 2Q Earnings Snapshot

August 7, 2019

NEW YORK (AP) _ NorthStar Realty Europe Corp. (NRE) on Wednesday reported a second-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs, were 13 cents per share.

The real estate investment trust posted revenue of $18.2 million in the period.

NorthStar Realty Europe shares have increased 17% since the beginning of the year. The stock has increased 26% 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 NRE at https://www.zacks.com/ap/NRE

All contents © copyright 2019 The Associated Press. All rights reserved.