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Starwood Property Trust Q2 Results Miss Street Views
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Starwood Property Trust Q2 Results Miss Street Views
Aug 6, 2024 6:36 AM

09:04 AM EDT, 08/06/2024 (MT Newswires) -- Starwood Property Trust ( STWD ) posted Q2 distributable earnings Tuesday of $0.48 per diluted share. A comparable distributable earnings figure for the year-earlier period was not available.

Analysts surveyed by Capital IQ expected normalized EPS of $0.49.

Revenue for the quarter ended June 30 was $489.8 million. A comparable revenue figure for the year-earlier period was not available.

Four analysts surveyed by Capital IQ expected $515.1 million.

The company said it will retain its quarterly dividend of $0.48 for each of the next two quarters.

Price: 19.10, Change: +0.26, Percent Change: +1.38

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