Starwood Property Trust: Q3 Earnings Snapshot

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Starwood Property Trust: Q3 Earnings Snapshot
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MIAMI BEACH, Fla. (AP) — MIAMI BEACH, Fla. (AP) — Starwood Property Trust Inc. (STWD) on Monday reported profit of $72.6 million in its third quarter.

On a per-share basis, the Miami Beach, Florida-based company said it had net income of 19 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 40 cents per share.

The commercial real estate investment trust posted revenue of $488.9 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STWD at https://www.zacks.com/ap/STWD

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