iStar Financial (STAR) Tops Q3 EPS by $1.45

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Go back to iStar Financial (STAR) Tops Q3 EPS by $1.45

iStar Reports Third Quarter 2021 Results

November 2, 2021 7:30 AM EDT

NEW YORK, Nov. 2, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the third quarter ended September 30, 2021.

Highlights for the quarter include:

Net income of $121.9 million or $1.51 per diluted common share Adjusted earnings of $141.3 million or $1.76 per diluted common share $125 million of gains during the quarter, comprised of: $49 million of gains from $246 million of legacy asset sales $60 million gain related to the reduced percentage ownership in Safehold following its equity offering $16 million of other gains$60... More