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Capstead: 3Q Earnings Snapshot

DALLAS (AP) _ Capstead Mortgage Corp. (CMO) on Wednesday reported third-quarter profit of $8.7 million.

The Dallas-based company said it had profit of 4 cents per share.

The real estate investment trust posted revenue of $68 million in the period.

Capstead shares have dropped 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.38, a drop of 22 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