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IStar: 2Q Earnings Snapshot

August 3, 2018

NEW YORK (AP) _ IStar Financial Inc. (STAR) on Thursday reported second-quarter net income of $51 million.

On a per-share basis, the New York-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring costs, were 55 cents per share.

The commercial real estate finance company posted revenue of $171.6 million in the period.

IStar shares have fallen almost 5 percent since the beginning of the year. The stock has fallen slightly more than 9 percent 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 STAR at https://www.zacks.com/ap/STAR

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