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Capstead: 2Q Earnings Snapshot

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DALLAS (AP) _ Capstead Mortgage Corp. (CMO) on Wednesday reported second-quarter net income of $13 million.

On a per-share basis, the Dallas-based company said it had profit of 9 cents.

The real estate investment trust posted revenue of $65.5 million in the period.

Capstead shares have dropped almost 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.58, a drop of 15 percent in the last 12 months.

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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 CMO at https://www.zacks.com/ap/CMO