Capstead: 4Q Earnings Snapshot
DALLAS (AP) _ Capstead Mortgage Corp. (CMO) on Wednesday reported fourth-quarter net income of $9 million.
The Dallas-based company said it had profit of 5 cents per share.
The real estate investment trust posted revenue of $73.5 million in the period.
For the year, the company reported profit of $50.1 million, or 34 cents per share. Revenue was reported as $276.6 million.
Capstead shares have climbed almost 9 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.25, a drop of 14 percent in the last 12 months.