Jernigan Capital Reports Third Quarter Earnings per Share and Adjusted Earnings per Share at Top End of Guidance Range
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Jernigan Capital (JCAP) Tops Q3 EPS by 22c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus
October 31, 2018 4:53 PM EDTJernigan Capital (NYSE: JCAP) reported Q3 EPS of $0.75, $0.22 better than the analyst estimate of $0.53. Revenue for the quarter came in at $9.09 million versus the consensus estimate of $8.3 million.
Earnings per share and adjusted earnings per share of $0.57 and $0.75, respectively results are at the top end of guidance ranges provided with the Companys second quarter 2018 earnings release.Quarterly net income attributable to common stockholders of $11.2 million represents a 169% increase over $4.1 million reported for third quarter of 2017; quarterly adjusted earnings of $14.5 million represents a 192% increase over $5.0 million reported for third quarter... More