TPG RE Finance Trust: Q3 Earnings Snapshot

Associated Press Finance
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NEW YORK (AP) — NEW YORK (AP) — TPG RE Finance Trust Inc. (TRTX) on Tuesday reported a loss of $61.2 million in its third quarter.

The New York-based company said it had a loss of 83 cents per share. Losses, adjusted for non-recurring gains, came to $1.33 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.

The commercial real estate finance company posted revenue of $97.5 million in the period. Its adjusted revenue was $27 million.

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

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