Exantas Capital: 3Q Earnings Snapshot

Exantas Capital: 3Q Earnings Snapshot

NEW YORK (AP) _ Exantas Capital Corp. (XAN) on Tuesday reported third-quarter earnings of $8.6 million.

On a per-share basis, the New York-based company said it had net income of 19 cents. Earnings, adjusted for one-time gains and costs, came to 24 cents per share.

The commercial real estate investment trust posted revenue of $14.5 million in the period.

Exantas Capital shares have risen 21 percent since the beginning of the year. The stock has risen nearly 10 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 XAN at https://www.zacks.com/ap/XAN

Advertisement