Colony Credit Real Estate (CLNC) Reports In-Line Q1 EPS
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Colony Credit Real Estate, Inc. Announces First Quarter 2021 Financial Results
May 5, 2021 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- Colony Credit Real Estate, Inc. (NYSE: CLNC) (Colony Credit Real Estate or the Company) today announced its financial results for the first quarter ended March 31, 2021 and certain updates. The Company reported first quarter 2021 GAAP net loss attributable to common stockholders of $(92.3) million, or $(0.71) per share, and Distributable Earnings of $13.8 million, or $0.10 per share. Excluding realized gains and losses on sales and fair value adjustments, Adjusted Distributable Earnings were $18.0 million, or $0.14 per share. The Company reported GAAP net book value of $11.98 per share and undepreciated book value of $12.84 per share as of March... More
