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Capstead: 4Q Earnings Snapshot

DALLAS (AP) _ Capstead Mortgage Corp. (CMO) on Wednesday reported fourth-quarter net income of $9 million.

The Dallas-based company said it had profit of 5 cents per share.

The real estate investment trust posted revenue of $73.5 million in the period.

For the year, the company reported profit of $50.1 million, or 34 cents per share. Revenue was reported as $276.6 million.

Capstead shares have climbed almost 9 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.25, a drop of 14 percent in the last 12 months.


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