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Starwood Property Trust: Q2 Earnings Snapshot
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MIAMI BEACH, Fla. (AP) — MIAMI BEACH, Fla. (AP) — Starwood Property Trust Inc. (STWD) on Thursday reported second-quarter profit of $6.6 million.

On a per-share basis, the Miami Beach, Florida-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs and stock option expense, came to 40 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 40 cents per share.

The commercial real estate investment trust posted revenue of $513.7 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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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